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Listing ID: 202301565
Price: $309,000
Status: Active
Address: 803 S Summit St
City: Iowa City
State: Iowa
Postal Code: 52240
County: Johnson
Subdivision: M& W Addition
Iowa City
IA
52240
Up and down duplex is good condition on Summit across from Deluxe Cakes and Pastries. The first floor is 3-bedroom 1 full bath and the upstairs is a 2 bedroom 1 full bath. There is plenty of surface parking to the rear of the building and the driveway is shared with the property to the south. Both units have LVT flooring and full-sized stackable washers and dryers. There are separate utilities for the units, except for common water. 2 HVAC units as well. See proforma in Assoc Docs. and floor plans included with photos. Tenant rights apply, allow 48 hour notice to show.

Primary Features

County: Johnson
Property Sub Type: Multi-Family
Property Type: Multi-Family
Subdivision: M& W Addition
Year Built: 1900
Zoning: RS5

Interior

SqFt Above: 756
SqFt Lower: 886
Unit 1 Bedrooms: 3
Unit 1 Dining Room: no
Unit 1 Full Baths: 1
Unit 1 Living Room: yes
Unit 1 Number: 803
Unit 2 Bedrooms: 2
Unit 2 Dining Room: no
Unit 2 Full Baths: 1
Unit 2 Living Room: yes
Unit 2 Number: 803.5
Unit 3 Dining Room: no
Unit 3 Living Room: no
Unit 4 Dining Room: no
Unit 4 Living Room: no

External

Lot Dimensions: 45 x 231

Location

Area: Iowa City
Elementary School: Longfellow
Geo Address Line: 803 S Summit St
High School: City
Junior/Middle School: Southeast

Additional

Addendum: PLEASE NOTE...ShowingTime says Go and Show BUT there is a required lead time of 48 hours that can be seen when selecting the time for the showing.
Aging in Place Form: No
Associated Document Count: 3
Days on Market: 63
Elevators: No
Internet: yes
New Construction: no
Rental Permit: yes
Status Category: Active
Units Total: 2
Zero Step Entry: No

Financial

Annual Gross Expense: 12402
Annual Gross Income: 28020
Electric Annually: 600
Gas Annually: 600
Gross Tax (County & City): 4624
Insurance Annually: 2000
Maintenance Annually: 3800
Sale/Lease: For Sale
Tax ID: 1015191001
Tax Year Report: 2021
Unit 1 Monthly Rent: 1395
Unit 2 Monthly Rent: 940
Variable Rate: no
Water Annually: 778

Zoning Info


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

Contact - Listing ID 202301565

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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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