11-unit apartment building right on Dubuque near the main U of I campus. One unit is a two bedroom and ten are efficiencies. The heat is central hot water, and the cooling is by window AC. Lots of charm in this 3 story building. However, the real value is in the 8,400 feet of land for future development. The income for 2022 was low at $63,000 and expenses are up to $57,000, including flooring and other capital improvements. The roof was replaced in 2018. There are 4 garages available to lease to tenants. 48 hour notice for all showings.
Multi-family For Sale
615 N Dubuque St., Iowa City, Iowa 52245
Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.
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