629 N. Gilbert Street   Iowa City

$205,000

 

Style 2 Story Triplex Rental Property
Bedrooms/Baths One - two bedroom / one bath

Two - one bedroom / one bath

Monthly Income $1,925 - tenants pay utilities

Fully rented to 2008

Approximate Footage 2,971
Lot Size (Irregular) 75 x 80 
Taxes $7,742
Schools Walk to University of Iowa

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Easy Walking Distance to University of Iowa  

 

This three unit rental property is in an excellent location on the corner of Gilbert Street and Ronalds Street, very convenient to the campus.  The spacious first floor unit has one bedroom and one bath and rents for $775.  The second floor unit has two bedrooms and one bath and rents for $650.  The back unit has one bedroom and one 3/4 bath and rents for $500.  The tenants pay all utilities.  The property has an excellent rental history and the current tenants have signed on for the next year.  The roof was done around 1997 with some repairs in 2004.  There is a newer furnace and some newer windows and carpet.  There is no off street parking.  The property is being sold in as-is condition.              

 

   

For presentation purposes only.
The information listed is from sources believed reliable but is not guaranteed, and is subject to change without notice.

 

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