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Listing ID: 202300784
Price: $510,000
Status: Active
Address: 405/407 S 2nd Street
City: West Branch
State: Iowa
Postal Code: 52358
County: Cedar
Subdivision: Cookson
West Branch
Investor Alert! Each side of this walk-out zero lot has 3 bedrooms, 2 baths and a 2 car garage. These properties boast Energy Star Andersen windows, stainless steel appliances and quartz counter tops. Quality construction and craftsmanship at an exceptional value! Property can be split. Tenant is responsible for Electric, Gas and water. Lease term for each unit - 1 year. (PHOTOS IMPORTED FROM PREVIOUS LISTING) 24 hour notice to show, please set up in showing time under individual addresses

Primary Features

County: Cedar
Price Before Reduction: 530000
Price Reduction Date: 2023-03-02T22:02:30+00:00
Property Sub Type: Multi-Family
Property Type: Multi-Family
Subdivision: Cookson
Year Built: 2017
Zoning: Res


SqFt Above: 1263
SqFt Lower: 872
Unit 1 Bedrooms: 3
Unit 1 Dining Room: yes
Unit 1 Full Baths: 2
Unit 1 Half Baths: 1
Unit 1 Living Room: yes
Unit 1 Number: 407
Unit 2 Bedrooms: 3
Unit 2 Dining Room: yes
Unit 2 Full Baths: 2
Unit 2 Half Baths: 1
Unit 2 Living Room: yes
Unit 2 Number: 405
Unit 3 Dining Room: no
Unit 3 Living Room: no
Unit 3 Number: none
Unit 4 Dining Room: no
Unit 4 Living Room: no
Unit 4 Number: none


Lot Dimensions: 77X125


Area: NE Quadrant
Elementary School: West Branch
High School: West Branch
Junior/Middle School: West Branch


Addendum: One tenant willing to stay for $1525 starting August 1st, 2023
Associated Document Count: 1
Days on Market: 45
Elevators: No
Internet: yes
New Construction: no
Rental Permit: no
Status Category: Active
Units Total: 2
Zero Step Entry: No


Annual Association Fee: None
Annual Gross Income: 34200
Gross Tax (County & City): 5404
Insurance Annually: 2000
Sale/Lease: For Sale
Tax ID: 0500-13-08-152-006-0
Tax Year Report: 2022
Unit 1 Monthly Rent: 1425
Unit 2 Monthly Rent: 1425
Variable Rate: no

Zoning Info

© 2023 Iowa City Area MLS (ICAARMLS)
Information deemed reliable, but not guaranteed
Listing courtesy of Gwen Johnson of Skogman Realty Co.

Contact - Listing ID 202300784

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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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