619 E Burlington ST, Iowa City, IA 52240
619 E Burlington ST, Iowa City, IA 52240
619 E Burlington ST, Iowa City, IA 52240
5
See all 5 photos
$725,000
Est. payment /mo
Save Virtual Tour
2,471 SqFt
Active

619 E Burlington ST Iowa City, IA 52240

Save Virtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
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 2,471 sqft

Price per Sqft $293

MLS Listing ID 2604997

HOA Y/N No

Total Fin. Sqft 2471

Year Built 1900

Annual Tax Amount $8,603

Lot Size 6,751 Sqft

Acres 0.155

Property Sub-Type Multi Family

Property Description

Front/back duplex investment opportunity just east of downtown Iowa City, within walking distance of the University of Iowa campus. Built in 1915, the property (2,975 SF) includes one 5BR/2BA unit and one 5BR/3BA unit on a 0.138-acre lot. Proforma NOI of $58,623 on a 6.90% cap rate. Strong, consistent rental demand in one of Iowa's strongest markets. 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 Brick,Frame,Vinyl Siding

Schools

Elementary Schools Longfellow

Middle Schools Southeast

High Schools City

Others

Tax ID 1010463004

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/cdr/2604997

Listed by SKOGMAN REALTY COMMERCIAL

GET MORE INFORMATION

Tim Scherbring

Tim Scherbring

Broker Associate | License ID: 61218000

+1(319) 361-5111

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Tim Scherbring, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

619 E Burlington ST