$350,000
Active
25 Days Online
0 Beds0 Baths0 SQFT
Active

704/706 Bowery Street Iowa City, IA 52240

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyJohnson
  • Taxes$5,695
  • HOA/Condo/Coop Fees$0
  • Days on Site24 Days
  • MLS StatusActive
  • MLS ID Number2406087
  • Home Size Source N/A
  • Year Built1984
  • Lot Size0.13 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction FrameWood Siding
  • Parking Parking Spaces
  • Parking Spaces 2
  • Sewer Public Sewer
  • Acreage 0.13
  • Water Public
  • Zoning Res
  • Property Sub Type Multi Family

Interior Features

  • Cooling Central Air
  • Heating Forced AirGas

Exterior Features

  • Patio And Porch DeckPatio

Community Features

  • MLS Area Iowa City/Coralville

Schools

School District
Unknown
Elementary School
Longfellow
Middle School
Southeast
High School
City

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Monthly Payment (Est.)

$1,693
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