$259,900
4.0 Units
MLS: 202501838
Great investment opportunity! 4-plex with storage units! Tenants pay for water and electricity. High speed fiberoptic cable installed in 2023. Back stairs and drainage system installed. New heat pump HVAC units installed last year. Coin operated washer/dryer. 14 storage units total. 4 units are 10' x 10' (40$) and 10 units are 10' x 20' (65$) with room to add more. Attic blown with 24" of insulation. Owner currently does lawncare, and tenants remove snow. Section 8 eligible. New roof and gutters installed 5 years ago. Uninstalled new windows to remain with property. Unit #2 needs updating. Please see associated documents for more information. Property being sold in AS-IS condition.
MLS #: 202501838
Price: $259,900
Year Built: 1969
Income/Yr: $43,200.00
Expense/Yr: $0.00
Parking: Guest
Basement: Finished
Total Sq Ft: 3364
Electric Expense: $1,368.00
Gas Annually: $0.00
Maint Expense: $0.00
Insurance Expense: $1,800.00
Gross Tax: $2,904.00
Units: 4.0
Laundry:
Energy Generation:
Heat/Cooling: Electric, Forced Air, Heat Pump, Central Air
Elementary: Highland
Middle: Highland
High: Highland
Information deemed reliable but not guaranteed
 | Edge Realty Group 319-351-3355 |
Listing Office: Lepic-Kroeger, REALTORS - Agent: Paul Park - Information furnished by Iowa City Area Association of Realtors