Active
732,736,740 Michael St.
Iowa City IA, 52246
$4,000,000
$496.03 per sqft
Active
2 Baths
8,064 sqft
Multi-family
Built in 1971
42 multifamily units are available, comprising 3 buildings with 14 units each. There are 36 one-bedroom, one-bath units and 6 studio units. The roofs were replaced in 2018, and various improvements have been made to the units, including new carpet, updated kitchens, and new tubs in many of the units. The property is conveniently located near UIHC and the West University of Iowa campus, within walking distance of Kinnick Stadium. Rents have steadily increased. Tenants are transitioning to RUBS for utility payments as they move into their new lease terms.
202405818
MLSⓇ ID
October 15, 2024
Listed
November 22, 2024
Updated
Map
732,736,740 Michael St.
Iowa City IA, 52246
Interior Features
Total Bathrooms
2
Appliances
RangeOrOven, Refrigerator
Fireplace
No
Cooling
Yes
Cooling Description
Window Units
Heating
Yes
Heating Description
Baseboard, Steam
Exterior/Building Features
School Information
High School
West
Elementary School
Horn
Other Property Details
Taxes
$49,362
Tax Frequency
Annually
Association Fee Frequency
Yearly
Garage
No
Parking
Off Street
Parking Total
4
View
No
County
Johnson
Pool
No
Zoning
COMM
Courtesy of Lepic-Kroeger, REALTORS, ,
Listing Contact: 319-321-7199
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Jill Armstrong Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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