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732,736,740 Michael St,, IA 52246

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Listing Type
Multi Family
Listing Status
active
22
Overview
Features
Commute
Transportation
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$3,750,000

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Home Details for 732,736,740 Michael St
Price
$3,750,000
Type
Multi Family
Total Bathrooms
2
Year Build
1971
Sq. Ft.
16128
County
Johnson
Tax
$49,362
MLS®️ Listing#
202506132
On exitrealty.com
117 days
Property Description
42 multifamily units are available, comprising 3 buildings with 14 units each. There are 36 one-bedroom, one-bath units and 6 studio units. The roofs were replaced in 2018, and various improvements have been made to the units, including new carpet, updated kitchens, and new tubs in many of the units. The property is conveniently located near UIHC and the West University of Iowa campus, within walking distance of Kinnick Stadium. Rents have steadily increased. Tenants are transitioning to RUBS for utility payments as they move into their new lease terms.
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Property Features
Listing Courtesy: Lepic-Kroeger, REALTORS - 319-351-8811. Presented by: Matthew Lepic
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Market statistics compiled from data from Iowa City Area AOR.
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$3,750,000

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