Four 1 bed 1 bath units in main house plus a carriage house with 2 beds and 1 bath. Total rents are $4750 for the 24-25 rental term, increasing to $4955 for the 25-26 term. Annual income is $57,000, expenses are 32% at $18405 and NOI is $38595 giving a 7.6% CAP rate. Great location, just one block from College Green Park.
For sale
$510,000
803 E College St, Iowa City, IA 52240
6beds
3,020sqft
Est.:
Income Investment, Residential
Built in 1900
7,840.8 Square Feet Lot
$-- Zestimate®
$169/sqft
$-- HOA
What's special
- 4 days |
- 323 |
- 6 |
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