$350,000
BEDS
--
BATHS
--
SQFT
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ACRES
0.13
MLS # 2406087, Listed by LEPIC-KROEGER, REALTORS
704/706 Bowery Street is a $350,000 home on a 0.13 acre lot located in Iowa City, IA.
Seller’s Description
This income investment property located in downtown Iowa City presents a valuable opportunity for potential buyers looking to expand their real estate portfolio. The property, situated on a corner lot with close proximity to a bus stop, offers convenience and desirability. Featuring two units, each comprising 3 bedrooms and 1.5 bathrooms, this property provides flexible options for rental income. The kitchens come equipped with some appliances, offering functionality and convenience for the occupants. Notable updates include LVP flooring throughout both units and both water heaters have been recently replaced, with one updated in 2021 and the other in 2024. Convenience is further enhanced by the presence of a parking pad for each unit, providing off-street parking solutions for residents or tenants. Take advantage of this chance to own a property with dual rental units that can offer steady income and long-term benefits in a sought-after location.
Features
INTERIOR
| Cooling Types | Cooling - Yes Cooling - Central Air |
| Heating Types | Forced Air Gas Heating - Yes |
EXTERIOR
| # Parking Spaces | 2 |
| Parking Types | Parking Features - Parking Space(s) |
| Exterior Features | Patio And Porch Features - Deck Patio And Porch Features - Patio Tenant Pays (Income) - Electricity Tenant Pays (Income) - Gas |
| Construction Types | Frame Wood Siding |
| Water Source | Public Tenant Pays (Income) - Water |
| Sewer | Public Sewer |
PROPERTY
| Date on Market | 09/03/2024 |
| Property Type | Residential |
| Property Sub Type | Multifamily |
| Year Built | 1984 |
| HOA Fee | $0.00 |
| Taxes | $5,695.00 |
| County | johnson |
| Elementary School | longfellow |
| Middle School | southeast |
| High School | city |
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