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304 Summit St Iowa City, IA 52240

Price Reduced For Sale
304 Summit St
Iowa City, IA 52240
Price: $770,000
Type: Multi-Family
Units Total: 6
Agent: Carrie Floss
Agent Phone: 319-631-4081
Agent Email: carriefloss@urbanacres.com
Broker: Urban Acres Real Estate
Broker Phone: 800-746-9464
Broker Email: seanmcintyre@urbanacres.com

Award Winner for Historical Preservation. This well cared for property features an elegant 2 story entry with 6 one bedroom, one bath units. Each unit comes equipped with white kitchen cabinetry, granite countertops, hardwood floors, & updated baths. This property provides plenty of natural light, some units also featuring walk-in closets. Shared laundry located in the lower level. Off street parking lot. 2023 building improvements were approved by the City of Iowa City and Historical Preservation. Fully rented. Rental permit renewed January 2024. Units 101 & 102 are each rent thru 12/24 at $1080 per month, Unit 103 rented thru 7/25 at $1030, Units 201,202 & 203 rented thru 7/25 at $1200. 170K in improvements were completed by Stumpf Construction, Yoder Electrical and Yoder Masonry. Roof 2021.