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Listing ID: 202302289
Price: $300,000
Status: Pending
Address: 260 S Front St
City: North Liberty
State: Iowa
Postal Code: 52317
County: Johnson
Subdivision: North Liberty
North Liberty
IA
52317
This Multi-Family property is ready for an investor or an owner/operator! One unit is fully rehabbed new floor coverings, carpet, appliances and fresh paint currently rented at $1300/mo. Tenants pay all utilities. The second unit is currently being renovated to also include new floor coverings, carpet, paint, appliances & more. Live in one unit and have the cash flow of the other unit or rent out both for more cash flow. Room to raise rents and solid rental history this home is walking distance to schools, shopping and more! *unit 262 in currently vacant and being rehabbed can be shown through showingtime. 260 is tenant occupied and can only be shown by separate appointment and requires 24 hour notice to tenant.

Primary Features

County: Johnson
Property Sub Type: Multi-Family
Property Type: Multi-Family
Subdivision: North Liberty
Year Built: 1981
Zoning: Residential

Interior

SqFt Above: 1344
SqFt Lower: 500
Unit 1 Bedrooms: 2
Unit 1 Dining Room: yes
Unit 1 Full Baths: 2
Unit 1 Living Room: yes
Unit 1 Number: 260
Unit 2 Bedrooms: 2
Unit 2 Dining Room: yes
Unit 2 Full Baths: 2
Unit 2 Living Room: yes
Unit 2 Number: 262
Unit 3 Dining Room: no
Unit 3 Living Room: no
Unit 4 Dining Room: no
Unit 4 Living Room: no

External

Lot Dimensions: 9100 sq ft

Location

Area: NW Quadrant
Elementary School: Garner
Geo Address Line: 260 S Front St
High School: Liberty High School
Junior/Middle School: North Central

Additional

Addendum: Earnest money to be held by the buyers agent brokerage trust account. Offers to be made out to 260 S Front St for both units as the seller owns both and there is only one parcel # per the assessor.
Aging in Place Form: No
Associated Document Count: 2
Days on Market: 1
Elevators: No
Internet: no
New Construction: no
Rental Permit: yes
Status Category: Pending
Units Total: 2
Zero Step Entry: No

Financial

Annual Gross Income: 31200
Gross Tax (County & City): 2950
Sale/Lease: For Sale
Tax ID: unknown
Tax Year Report: 2021
Unit 2 Monthly Rent: 1300
Variable Rate: no

Zoning Info


© 2023 Iowa City Area MLS (ICAARMLS)
Information deemed reliable, but not guaranteed
Listing courtesy of Brandon Rudkin of Attain RE

Contact - Listing ID 202302289

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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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