$2,400,000
$4,500,000
46.7%For more information regarding the value of a property, please contact us for a free consultation.
2 Baths
SOLD DATE : 10/09/2024
Key Details
Sold Price $2,400,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Community View Part One
MLS Listing ID 202402432
Sold Date 10/09/24
Style Two Stories
HOA Y/N Yes
Abv Grd Liv Area 6,099
Year Built 2021
Annual Tax Amount $11,230
Tax Year 2022
Lot Dimensions TBD
Property Sub-Type Multi Family
Property Description
Incredible investment/development opportunity in East Iowa City! Ready to finish 10-plex in Community View Part One. 6099 Sq ft. 4(1) bedroom, 2(2) bedroom & 4(3) bedroom apartments. This building is at the sheetrock stage of construction. There is a completed 8-plex 4785 sq ft. 2(1) bedroom, 2(2) bedroom, & 4(3) bedroom apartments. There is 1 more 8 plex pad & 3 more 10-plex building pads also for sale in Lot 2 Community View Part One ready to build on. There is a low income component to this development.
Location
State IA
County Johnson
Zoning Residential
Direction American Legion Rd to Eastbrook St.
Rooms
Basement Slab
Interior
Interior Features Other
Heating Natural Gas, Forced Air
Flooring Carpet, Vinyl
Fireplaces Type None
Appliance Dishwasher, Range Or Oven, Refrigerator, Dryer, Microwave, Washer
Laundry Main Level
Exterior
Exterior Feature Balcony
Parking Features Off Street
Community Features Security, Sidewalks, Street Lights, Close To School, Close To Shopping
Utilities Available City Sewer, City Water
Total Parking Spaces 4
Building
Structure Type Vinyl,Frame
New Construction Yes
Schools
Elementary Schools Hoover
Middle Schools Southeast
High Schools City
Others
HOA Fee Include None
Tax ID 0918257002
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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