Active
704/706 Bowery Street
Iowa City IA, 52240
$350,000
$294.61 per sqft
Active
1,188 sqft
Multi-family
Built in 1984
This income investment property located in downtown Iowa City presents a valuable opportunity for potential buyers looking to expand their real estate portfolio. The property, situated on a corner lot with close proximity to a bus stop, offers convenience and desirability. Featuring two units, each comprising 3 bedrooms and 1.5 bathrooms, this property provides flexible options for rental income. The kitchens come equipped with some appliances, offering functionality and convenience for the occupants. Notable updates include LVP flooring throughout both units and both water heaters have been recently replaced, with one updated in 2021 and the other in 2024. Convenience is further enhanced by the presence of a parking pad for each unit, providing off-street parking solutions for residents or tenants. Take advantage of this chance to own a property with dual rental units that can offer steady income and long-term benefits in a sought-after location.
202405034
MLSⓇ ID
September 3, 2024
Listed
January 7, 2025
Updated
Map
704/706 Bowery Street
Iowa City IA, 52240
Interior Features
Interior Features
Other, Living Room Separate, Primary On Main Level
Appliances
Dishwasher, RangeOrOven, Refrigerator
Laundry Description
In Kitchen, Main Level
Floor Description
Vinyl
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Natural Gas, Forced Air
Exterior/Building Features
Exterior Features
Deck
Lot Features
Corner Lot, Level
Architectual Style
TwoStories
School Information
High School
City
Elementary School
Longfellow
Other Property Details
Taxes
$5,695
Tax Frequency
Annually
Association Fee Frequency
Yearly
Garage
No
Parking
Off Street
Parking Total
2
View
No
County
Johnson
Pool
No
Zoning
Residential
Courtesy of Lepic-Kroeger, REALTORS, ,
Listing Contact: 319-530-1055
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.
©2025 Iowa City Area Association of REALTORS (ICAAR). All rights reserved.