830 E Burlington ST, Iowa City, IA 52240
830 E Burlington ST, Iowa City, IA 52240
830 E Burlington ST, Iowa City, IA 52240
5
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$625,000
Est. payment /mo
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2,149 SqFt
Active

830 E Burlington ST Iowa City, IA 52240

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Tim Scherbring

Tim Scherbring

+1(319) 361-5111

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,149 sqft

Price per Sqft $290

MLS Listing ID 2604996

HOA Y/N No

Total Fin. Sqft 2149

Year Built 1890

Annual Tax Amount $7,880

Lot Size 5,140 Sqft

Acres 0.118

Property Sub-Type Multi Family

Property Description

Single-family investment opportunity minutes from the University of Iowa campus and downtown Iowa City. Built in 1890, this spacious 7-bedroom, 5-bath residence spans 2,474 SF on a 0.118-acre lot. Proforma NOI of $39,609 on a 6.34% cap rate. Strong, consistent housing demand in an established rental market. Walkable to campus, Kinnick Stadium, Carver-Hawkeye Arena, City Park, and downtown amenities.

Location

State IA

County Johnson

Area Iowa City/Coralville

Zoning Res

Rooms

Basement Full

Interior

Interior Features InteriorFeatures

Heating Electric, Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Parking Space(s)

Water Access Desc Public

Building

Sewer Public Sewer

Water Public

Structure Type Composite Siding,Frame

Schools

Elementary Schools Longfellow

Middle Schools Southeast

High Schools City

Others

Tax ID 1010482014

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/cdr/2604996

Listed by SKOGMAN REALTY COMMERCIAL

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Tim Scherbring

Tim Scherbring

Broker Associate | License ID: 61218000

+1(319) 361-5111

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830 E Burlington ST