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639 Lucas St Iowa City, IA 52240

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Presented by Gibbs Lamb Drown, Commercial Real Estate Advisors

Price: $995,000.00

Property

Subtype: Multi-Family

Area: Iowa City

Year Built: 8979

Gross Tax: 22,156

County: Johnson

Utilities

Building

Lease Terms

Lease Type: For Sale

Well rented 12 plex with off street parking, 10 units are 2 bed/1 bath (600 sf) and 2 units are 1 bed/1 bath (400 sf). All rents are $750 per month. Gas and water provided by Landlord (central boiler) and window air units on tenants electrical meter. House electrical is included in gas expense above. Common hallways with security door entry, coin operated laundry. Walking distance to bus route, downtown campus and local shopping/restaurants. Kitchens have dishwashers, disposals, stove and refrigerator.

Listing Agent: Bill Wittig Office: Elite First Realty Iowa City, Inc. Data courtesy of Iowa City Area Association of Realtors MLS