Great rental property with strong cash flow. This property can be rented as a duplex or as 6 efficiency units. Nearly $50K in renovations in the past year. New flooring, paint, lighting. New Kitchen and appliances, new main floor bath. Lower level remodeled as well. New Roof, gutters, downspouts and exterior paint. All units are leased for 24/25 year. Gross rents are $3350 . Finish is per Iowa City Assessor. 6 efficiency units with two shared Kitchens, baths a Laundry area & dining room area plus a shower in LL Property is being sold in AS IS condition & tenants require a 24 hour notice for showings.
1112 Muscatine Ave Iowa City, IA 52245
Price Reduced
For Sale
1112 Muscatine Ave
Iowa City, IA 52245
Price: $329,000
Type:
Multi-Family
Units Total: 6
Agent:
Bond Shymansky
Agent Phone: 319-930-8441
Agent Email: Bond@skogman.com
Broker:
Skogman Realty Co.
Broker Phone: 319-625-6427