Fully leased, one owner 4 plex in quiet Court Hill neighborhood, very close to bus stop. Separately metered utilities and shared off-street parking. Provides nice positive cash flow at an estimated 7.18% cap rate. 3 units rented until 7/31/2021 and on other long term tenant on month to month.
Off market
Zestimate®
$391,300
322 Friendship St, Iowa City, IA 52245
8beds
0baths
--sqft
MultiFamily
Built in 1982
-- sqft lot
$391,300 Zestimate®
$--/sqft
$1,110 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 0
Heating
- Forced air, Gas
Cooling
- Wall
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: Coin Laundry
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1982
Community & neighborhood
Community
- Community features: On Site Laundry Available
Location
- Region: Iowa City
Other
Other facts
- AMENITIES: Sidewalks, Street Lights, On Bus Line
- CONSTRUCTION: Other
- PARKING: Off Street
- WATER/SEWER: City Sewer, City Water
- APPLIANCES UNIT-1: Range/Oven, Refrigerator, Smoke/Fire Alarm
- APPLIANCES UNIT-2: Range/Oven, Refrigerator, Smoke/Fire Alarm
- APPLIANCES UNIT-4: Range/Oven, Refrigerator, Smoke/Fire Alarm
- HEATING: Gas, Forced Air
- Unit4 Living Room: Yes
- Unit3 Living Room: Yes
- Unit2 Living Room: Yes
- Unit1 Living Room: Yes
- COOLING: Window/Wall Units
- LAUNDRY: Coin Laundry
- UTILITIES AVAILABLE: Cable Paid by Ind., Electricity Ind. Meters, Garbage Paid by Ind., Water Ind. Meters
- Rental Permit: Yes
- Type: Multi-Family
- Tax ID: 1012494003
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$391,300
2% more+$7,826
With Zillow Showcase(estimated)$399,126