Listing ID: 202204934
Price: $480,000
Status: Pending
Address: 310 Scott Ct 1-5
Unit Number: 1-5
City: Iowa City
State: Iowa
Postal Code: 52245
County: Johnson
Subdivision: Scott Court Condominiums
Iowa City
IA
52245
Five well maintained 2 bedroom/1 bath condos above commercial businesses on the east side of Iowa City. All five condos currently rented through at least July of 2023. Roof recently replaced. Elevator on north side of building is brand new. Updates include LVP flooring, new carpet, updated appliances in some units. $92.20 HOA dues per month per unit. Current rental permit through end of 2022. 24 hour notice required for all showings.
Primary Features
County:
Johnson
Price Before Reduction:
490000
Price Reduction Date:
2022-10-06T19:18:35+00:00
Property Sub Type:
Multi-Family
Property Type:
Multi-Family
Subdivision:
Scott Court Condominiums
Year Built:
2000
Zoning:
Residential
Interior
SqFt Above:
3672
Unit 1 Bedrooms:
2
Unit 1 Dining Room:
no
Unit 1 Full Baths:
1
Unit 1 Living Room:
yes
Unit 1 Number:
#1
Unit 2 Bedrooms:
2
Unit 2 Dining Room:
no
Unit 2 Full Baths:
1
Unit 2 Living Room:
yes
Unit 2 Number:
#2
Unit 3 Bedrooms:
2
Unit 3 Dining Room:
no
Unit 3 Full Baths:
1
Unit 3 Living Room:
yes
Unit 3 Number:
#3
Unit 4 Bedrooms:
2
Unit 4 Dining Room:
no
Unit 4 Full Baths:
1
Unit 4 Living Room:
yes
Unit 4 Number:
#4
External
Location
Area:
Iowa City
Elementary School:
Lemme
Geo Address Line:
310 Scott Ct
High School:
City
Junior/Middle School:
Southeast
Additional
Addendum:
Floorplans vary slightly. Photos are of unit #3. Seller intends to 1031 funds. Please use caution as sidewalks and/or the driveway may be snow-covered or icy.
Aging in Place Form:
No
Associated Document Count:
7
Days on Market:
154
Elevators:
Yes
Internet:
yes
New Construction:
no
Rental Permit:
yes
Status Category:
Pending
Units Total:
5
Zero Step Entry:
No
Financial
Annual Association Fee:
5532
Annual Gross Expense:
22000
Annual Gross Income:
43500
Gross Tax (County & City):
6989
Insurance Annually:
500
Maintenance Annually:
4500
Sale/Lease:
For Sale
Tax ID:
0907371005-9
Tax Year Report:
2020
Unit 1 Monthly Rent:
725
Unit 2 Monthly Rent:
810
Unit 3 Monthly Rent:
810
Unit 4 Monthly Rent:
700
Variable Rate:
no
Zoning Info
© 2023 Iowa City Area MLS (ICAARMLS)
Information deemed reliable, but not guaranteed
Listing courtesy of Teague Case of Westwinds Real Estate Services, Inc.
Information deemed reliable, but not guaranteed
Listing courtesy of Teague Case of Westwinds Real Estate Services, Inc.
Contact - Listing ID 202204934
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
