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Listing ID: 202203063
Price: $299,900
Status: Active
Address: 219 S Summit
City: Iowa City
State: Iowa
Postal Code: 52240
County: Johnson
Subdivision: OriginalTown
Iowa City
IA
52240
Wonderful opportunity to own this solid, spacious, and stately house on South Summit Street - currently a duplex 219 and 219 1/2. Fully rented through July 28, 2023. Rental permit renewed for two years. Condition is typical for its age and current use - buyer inspections for information purposes - to be sold "as is". Lots of original features and wood floors under carpet. Plus, the BEST shaded front porch with a porch swing! Two units: a 3 bedroom and a 1 bedroom, 2 1/2 baths, washer and dryer, two kitchens, and three porches. 3-4 off street parking spaces. Close to campus! Just 1 mile to University of Iowa main campus and 2 miles to UI Hospitals & Clinics. 24-hour notice to show please. Tenants pay all utilities. This is your chance to have an easy-to-own rental in an historic tree-lined Iowa City neighborhood. Newer metal roof.

Primary Features

County: Johnson
Price Before Reduction: 329000
Price Reduction Date: 2022-06-07T16:34:17+00:00
Property Sub Type: Multi-Family
Property Type: Multi-Family
Subdivision: OriginalTown
Year Built: 1900
Zoning: OCD/RNS12

Interior

Number of Fireplaces: 1
SqFt Above: 2040
Unit 1 Bedrooms: 1
Unit 1 Dining Room: yes
Unit 1 Full Baths: 1
Unit 1 Living Room: yes
Unit 1 Number: 219
Unit 2 Bedrooms: 3
Unit 2 Dining Room: no
Unit 2 Full Baths: 1
Unit 2 Half Baths: 1
Unit 2 Living Room: yes
Unit 2 Number: 219.5
Unit 3 Dining Room: no
Unit 3 Living Room: no
Unit 4 Dining Room: no
Unit 4 Living Room: no

External

Lot Dimensions: 50 x 69 x 50 x 69

Location

Area: Iowa City
Elementary School: Longfellow
Geo Address Line: 219 S Summit St
High School: City
Junior/Middle School: Southeast

Additional

Addendum: Great Iowa City location! Fully rented through July 28, 2023. 24-hour notice required to show. Fireplace is decorative only. This could be converted to owner occupied or single family.
Associated Document Count: 2
Days on Market: 35
Internet: yes
New Construction: no
Rental Permit: yes
Status Category: Active
Units Total: 2

Financial

Annual Association Fee: none
Annual Gross Expense: 1760
Annual Gross Income: 23300
Gross Tax (County & City): 5342
Insurance Annually: 960
Maintenance Annually: 800
Sale/Lease: For Sale
Tax ID: 1010481002
Tax Year Report: 2020
Unit 1 Monthly Rent: 486
Unit 2 Monthly Rent: 1458
Variable Rate: no

Zoning Info


© 2022 Iowa City Area MLS (ICAARMLS)
Information deemed reliable, but not guaranteed
Listing courtesy of Jennifer de Silva Noser of Coldwell Banker Real Estate Professionals

Contact - Listing ID 202203063

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Jeff Edberg

2346 Mormon Trek Blvd, Ste #2000
Iowa City, IA 52246
Phone: 319-331-6187
Phone Alt: 319-331-6187

Data services provided by IDX Broker

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