NOT LISTED FOR SALE
4 Beds
3 Baths
2,000 Sq Ft
1956 Built

Last Sold May 07, 2019

Last sale price $135,000 $68 Per Sq Ft

4 Days on Market

Highlights

  • Brick or Stone Mason
  • Property is near schools
  • Dining Room
  • Living Room
  • Central Air
  • Heating System Uses Gas

About This Home

As of May 2019

Investor Alert! Four flex located within walking distance to Coe College and Mercy Hospital. Many updates within the building including a remodeled studio apartment. Units 1-3 leased with hardwood floors throughout. Unit 4 is a studio apartment that was recently remodeled and marketed for rent. Basement has coin laundry and storage for tenants. Initial showings are being set up for April 7th from 1:30-3:30pm to avoid disrupting tenants. Offers will be presented to seller on April 8th at 5pm.

Last Listed By

Bryant Nicholson

Affinity Real Estate Services Listed on: 04/03/2019

Affinity Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Home Design

  • Brick or Stone Mason
  • Poured Concrete

Interior Spaces

  • 2,000 Sq Ft Home
  • Living Room
  • Dining Room
  • Oven or Range

Finished Basement

  • Sump Pump
  • Block Basement Construction

Location

  • Property is near schools

Schools

  • Johnson Elementary School
  • Mckinley Middle School
  • Metro High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 142243001300000

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $900
  • Fuel Expense $900
  • Insurance Expense $1,200
  • Maintenance Expense $1,200
  • Water Sewer Expense $1,800
  • Gross Income $24,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: Investor Alert! Four flex located within walking distance to Coe College and Mercy Hospital. Many updates within the building including a remodeled studio apartment. Units 1-3 leased with hardwood floors throughout. Unit 4 is a studio apartment that was recently remodeled and marketed for rent. Basement has coin laundry and storage for tenants. Initial showings are being set up for April 7th from 1:30-3:30pm to avoid disrupting tenants. Offers will be presented to seller on April 8th at 5pm.
  • Year Built: 1956
  • Tax Year Report: 2017
  • Rental Permit: Yes
  • Water Annually: 1800
  • Directions: I-380 to exit 20B to 7th Street Eastbond, 4-plex is the on the corner of 5th and 17th.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to School
  • Basement Remarks: Block, Poured Concrete, Sump Pump, Finished
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Sq Ft Above: 2000
  • Lower Level Sq Ft: 436

Exterior Features

  • Construction: Brick

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Electric Annually: 900
  • Gas Annually: 900
  • Heating Cooling: Window/Wall Units, Electric, Gas, Central

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Johnson
  • Middle School: Mckinley
  • High School: Metro
  • High School: Metro
  • Jr Middle School: Mckinley
  • Elementary School: Johnson

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: .083
  • Zoning: Multi-Res

Tax Info

  • Gross Tax County City: 3110
  • Assessor Parcel Number: 142243001300000

Multi Family

  • Units Total: 4

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2019 05/07/19 Sold $135,000 -3.5% $68 / Sq Ft
04/03/2019 04/03/19 For Sale $139,900 +91.6% $70 / Sq Ft
09/15/2016 09/15/16 Sold $73,000 -35.3% $37 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $112,900 -- $56 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20192065

Iowa City Area Association of REALTORS®