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730 MICHAEL ST Iowa City IA 52246

IA, Iowa City For sale MULTI-FAMILY Pending 4 or More Cars Slab Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
For saleMULTI-FAMILYIAIowa City52246730 MICHAEL ST, Iowa City, IA, 52246
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  • MULTI-FAMILY
  • For sale

730 MICHAEL ST Iowa City IA 52246

730 MICHAEL ST, Iowa City, IA, 52246
    $1,675,000
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    Basics

    • Date added: Added 3 weeks ago
    • Type: MULTI-FAMILY
    • Status: Pending
    • DOM: 147
    • Subdivision: School Commisssions Subdi
    • Year built: 1983
    • Water/Sewer: City Sewer,City Water
    • Heating/Cooling: Ceiling Fans,Gas,Central,Forced Air
    • Units Total: 11
    • Address: 730 MICHAEL ST, Iowa City, IA, 52246
    • MLS ID: 202502206

    Description

    • Description:

      Nestled conveniently near Kinnick & UIHC. Built in 1983 by the current owner. 11 units- one is 3 BR/2BA. All units fully remodeled w/wood type floor, tile bathrooms, carpet in bedrooms, cabinets, countertops, plumbing fixtures, doors & millwork, electrical, stainless steel appliances & newer windows. New LED lights-units & common hallways. Newer coin ops laundry. Remodeled common hallways, doors, millwork & carpet. Re-insulated attic-2023. Parking lot painted-2024. In-unit laundry in three BR apartment. Water heat boiler & domestic hot water recently serviced. Fall 2024 updates: 12 wall unit AC. Gyp-Crete between floors for sound. Mostly brick building & newer vinyl siding. ALL NEW 3/4” roof sheeting, ice & damn entire roof, STANDING SEAM STEEL ROOF w/no penetration fasteners showing, snow/ice guard rail around entire roof, new vent pipes/ boots, new oversized 6” gutters & oversized 4”x 5” downspouts, new larger overhang over north exterior w/Malarkey class 4 impact resistant shingles, etc. VERY well-maintained property managed by owner. Laundry income: $350/mo. Potential add'l income sources: Game day parking, renting parking to tenants & travel nurse. Walking trail from complex to law college.

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    Location

    • Directions: Go west on Benton St from Riverside Dr. Michael St is to the right before Hudson St. Property is on right
    • County: Johnson

    Building Details

    • Basement: Slab
    • Parking: 4 or More Cars

    Amenities & Features

    • Features:
      DishwasherDryerMicrowaveRange/OvenRefrigeratorWasher
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    Joanne M. Stevens

    1005 Blairs Ferry RD, Ste 210
    Cedar Rapids, IA 52402
    Phone: (319) 378-6786
    Fax: (515) 453-4484
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