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.

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