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Listing ID: 202301020
Price: $1,100,000
Status: Active
Address: 2432 Petsel Place
City: Iowa City
State: Iowa
Postal Code: 52246
County: Johnson
Subdivision: Hawkeye Heights
Iowa City
IA
52246
If you are wanting to add a 10-plex income producing property to your Iowa City Monopoly board, this one you can't pass up. Valid Rental permit currently in place. All apartments are 2 bedrooms. Sellers have completely updated 3 of the apartments, and have partially updated all the apartments. Rent is between $825 and $900 a month. 9 out 10 units are currently rented.

Primary Features

County: Johnson
Property Sub Type: Multi-Family
Property Type: Multi-Family
Subdivision: Hawkeye Heights
Year Built: 1980
Zoning: Residential

Interior

Unit 1 Bedrooms: 2
Unit 1 Dining Room: yes
Unit 1 Full Baths: 1
Unit 1 Living Room: yes
Unit 1 Number: 01
Unit 2 Bedrooms: 2
Unit 2 Dining Room: yes
Unit 2 Full Baths: 1
Unit 2 Living Room: yes
Unit 2 Number: 02
Unit 3 Bedrooms: 2
Unit 3 Dining Room: yes
Unit 3 Full Baths: 1
Unit 3 Living Room: yes
Unit 3 Number: 03
Unit 4 Bedrooms: 2
Unit 4 Dining Room: yes
Unit 4 Full Baths: 1
Unit 4 Living Room: yes
Unit 4 Number: 04

External

Lot Dimensions: 31,306 sq ft

Location

Area: Iowa City
Elementary School: Borlaug
Geo Address Line: 2432 Petsel Pl
High School: West
Junior/Middle School: Northwest

Additional

Addendum: Call listing agent for showings. Please allow 24 hour notice for showings.
Days on Market: 7
Internet: yes
New Construction: no
Rental Permit: yes
Status Category: Active
Units Total: 10

Financial

Annual Gross Income: 85000
Electric Annually: 2000
Gas Annually: 3000
Gross Tax (County & City): 15534
Sale/Lease: For Sale
Tax ID: 101-723-3003
Tax Year Report: 2021
Unit 1 Monthly Rent: 825
Unit 2 Monthly Rent: 825
Unit 3 Monthly Rent: 825
Unit 4 Monthly Rent: 900
Variable Rate: no

Zoning Info


© 2023 Iowa City Area MLS (ICAARMLS)
Information deemed reliable, but not guaranteed
Listing courtesy of Russell Yoder of Lepic-Kroeger, REALTORS

Contact - Listing ID 202301020

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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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