Listing ID: 202304893
Price: $500,000
Status: Active
Address: 914 & 910 S Dodge St
City: Iowa City
State: Iowa
Postal Code: 52240
County: Johnson
Subdivision: Borland Place
Iowa City
IA
52240
Unique investment opportunity that includes 2 houses with excellent rental history: 910 S DODGE- 3 plex home rents for $2400 with 3 separate entrances, (2)-spacious 1 bedroom units and (1)- 2 bedroom unit, each unit is a 2 story, each unit has their own laundry. Fully fenced yard and many improvements. Built in 1900. 2856 sq/ft. 914 S DODGE- 3 bedrooms, 2 bath home rents for $1600, ranch style with a nice back yard, new front porch in 22', updated bathrooms, hardwood floors, shared laundry and additional living space in the LL. Built in 1940. All units leased through 7/28/2024. 10 parking spaces shared between both houses. Tenants pay all utilities, owner pays for lawn care and snow removal. Both parcels photos are included in the listing. 24 hrs notice to show. Property is being sold "As Is".
Primary Features
County:
Johnson
Property Sub Type:
Multi-Family
Property Type:
Multi-Family
Subdivision:
Borland Place
Year Built:
1900
Zoning:
Residential
Interior
SqFt Above:
2856
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:
1
Unit 2 Dining Room:
no
Unit 2 Full Baths:
1
Unit 2 Living Room:
yes
Unit 2 Number:
2
Unit 3 Bedrooms:
1
Unit 3 Dining Room:
no
Unit 3 Full Baths:
1
Unit 3 Living Room:
yes
Unit 3 Number:
3
Unit 4 Bedrooms:
3
Unit 4 Dining Room:
no
Unit 4 Full Baths:
2
Unit 4 Living Room:
yes
Unit 4 Number:
4
External
Lot Dimensions:
89x160**
Location
Area:
Iowa City
Elementary School:
Twain
Geo Address Line:
910 S Dodge St
High School:
City
Junior/Middle School:
Southeast
Additional
Addendum:
Listing agent is related to one of the property owners. Condition of the property is not expressed, warranted or implied.
Aging in Place Form:
No
Associated Document Count:
2
Days on Market:
8
Elevators:
No
Internet:
yes
New Construction:
no
Rental Permit:
yes
Status Category:
Active
Units Total:
4
Zero Step Entry:
No
Financial
Annual Gross Income:
48000
Gross Tax (County & City):
7555.94
Sale/Lease:
For Sale
Tax ID:
1015188008 & 1015188009
Tax Year Report:
2022
Unit 1 Monthly Rent:
800
Unit 2 Monthly Rent:
800
Unit 3 Monthly Rent:
800
Unit 4 Monthly Rent:
1600
Variable Rate:
no
Zoning Info
© 2023 Iowa City Area MLS (ICAARMLS)
Information deemed reliable, but not guaranteed
Listing courtesy of Rob McCain of Urban Acres Real Estate Corridor
Information deemed reliable, but not guaranteed
Listing courtesy of Rob McCain of Urban Acres Real Estate Corridor
Contact - Listing ID 202304893
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
