NOT LISTED FOR SALE

52 Amhurst St Unit 1, 2, 3 & 4 Iowa City, IA 52245

Washington Hills Neighborhood
8 Beds
4 Baths
1,812 Sq Ft
1983 Built

Last Sold August 30, 2019

Last sale price $300,000 $166 Per Sq Ft

2 Days on Market

Highlights

  • Brick or Stone Mason
  • Living Room
  • Forced Air Heating and Cooling System
  • City High School Rated A-

About This Home

As of August 2019

Investment opportunity! 52 Amhurst has 4 residential condo units, all rented and with solid rental history. These 2 bed 1 bath units have been well maintained and are located on the east side of Iowa City. Gross Income is $37,920, Gross Expenses are $17,074 and Net Operating Income is $20,846, see attached proforma. Professional pictures to be added on 7/18.

Last Agent to Sell the Property

Jeff Edberg

Lepic-Kroeger, REALTORS Listed on: 07/16/2019

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Maria McCaw

Urban Acres Real Estate Corridor

Urban Acres Real Estate Corridor

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 1,812 Sq Ft Home
  • Living Room

Kitchen

  • Oven or Range
  • Dishwasher

Schools

  • Lemme Elementary School
  • Southeast Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 1012415005-1012415008

Community Details

Overview

  • Association fees include exterior maintenance, grounds maintenance
  • 4 Units
  • Amhurst Condominiums Subdivision

Building Details

  • Electric Expense $1,200
  • Insurance Expense $1,915
  • Maintenance Expense $2,500
  • Water Sewer Expense $1,680
  • Gross Income $37,920

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Broker Loaded
  • Remarks: Investment opportunity! 52 Amhurst has 4 residential condo units, all rented and with solid rental history. These 2 bed 1 bath units have been well maintained and are located on the east side of Iowa City. Gross Income is $37,920, Gross Expenses are $17,074 and Net Operating Income is $20,846, see attached proforma. Professional pictures to be added on 7/18.
  • T Val: 300000
  • Year Built: 1983
  • Tax Year Report: 2017
  • Subdivision: Amhurst Condominiums
  • Rental Permit: Yes
  • Water Annually: 1680
  • Directions: From Scott Blvd, west on E Washington St, north on Amhurst St, first driveway on the right hand side.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights
  • Possession R: Negotiable
  • Possible Finance R: Cash
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Sq Ft Above: 1812
  • Lower Level Sq Ft: 1812

Exterior Features

  • Construction: Brick

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Electric Annually: 1200
  • Heating Cooling: Gas, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: Exterior Maintenance, Grounds Maintenance

Schools

  • Elementary School: Lemme
  • Middle School: Southeast
  • High School: City
  • High School: City
  • Jr Middle School: Southeast
  • Elementary School: Lemme

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: Irregular
  • Zoning: OPD8

Tax Info

  • Gross Tax County City: 5248
  • Assessor Parcel Number: 1012415005-1012415008

Multi Family

  • Units Total: 4

Range of Values:

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Sold Price
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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
08/30/2019 08/30/19 Sold $300,000 -3.2% $166 / Sq Ft
07/16/2019 07/16/19 For Sale $310,000 -- $171 / 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: 20194515

Iowa City Area Association of REALTORS®