Single-family investment opportunity minutes from the University of Iowa campus and downtown Iowa City. Built in 1900, this residence offers 7 bedrooms and 3 baths across 2,149 SF on a 0.102-acre lot. Proforma NOI of $37,844 on a 6.36% cap rate. Strong, consistent housing demand in an established rental market. Walkable to campus, Kinnick Stadium, Carver-Hawkeye Arena, City Park, and downtown amenities.
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Zillow last checked:
Listing updated:
Listed by:
Tiffany Earl Williams-WSG CRE319-651-8165,
SKOGMAN REALTY COMMERCIAL,
Joshua Seamans319-213-4884,
SKOGMAN REALTY COMMERCIAL
Source: CRAAR, CDRMLS,MLS#: 2604995Originating MLS: Cedar Rapids Area Association Of Realtors
Source: Westwinds Real Estate Services, Inc. #20125661Report a problem
10/28/2012
Listed for sale
$390,000$181/sqft
Source: Westwinds Real Estate Services, Inc. #20125661Report a problem
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Est. payment$--/mo
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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