$2,250,000
bedrooms
0
bathrooms
0
square feet
0
Acreage
-
Open Houses
-
year built
1960
Full Baths
0
Half Baths
0
What an opportunity across from Kinnick Stadium! This property has one single family home of 1,769 sq ft w/4BR-3BA w/ attached garage+full basement. TEN add'l separate apartments. Three tenants have lived there for 10 yrs, 30 yrs & 50 yrs respectively! Average of three year tenancy for the other seven units. GREAT ADDITIONAL INCOME POTENTIAL with game day car parking and/or RV parking w/estimated income of over $22K! Apartments offer impressive opportunity to function as traveling nurse units or Air BnB. All units are rented for Fall 2025 with a rental income of $152,100. Laundry room connects the house to apartments. This property has been in the same family's portfolio since the 60's and is self managed. It is well cared for by the owners with updates in the home and most apartments in recent years. A real gem with outstanding opportunities!
| Location | |
| Subdivision | Lytham Condos |
| County | Johnson |
| Elementary School | Horn |
| Middle School | Northwest |
| High School | West |
Open houses
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MLS number: 202500521
Listing agent:
Le Ann Dunne
Listing broker:
Lepic-Kroeger, Realtors
(319) 351-8811
Copyright © 2025 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Tuesday, February 4 2025 at 11:04 a.m. EST
Kotohomes National