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Pending

429-451 S Scott Boulevard

429-451 S Scott Boulevard, IowaCity, IA 52245

$1,295,000

Excellent investment opportunity in this well-maintained 12-unit multi-family property located on the east side of Iowa City. 2-bed, 1-bath condos with a history of reliable tenancy, this property is perfect for investors looking to expand their portfolio. All furnaces and A/Cs were replaced in May 2022. The units offer practical layouts, making them suitable for a variety of renters. Situated in a convenient location off of Court Street, it's close to schools, public transportation, and local amenities. This property is poised for consistent demand. This is a fantastic chance to own a multi-family property with a strong rental market.

Studio

1
bath

9,756 Sq.Ft. LIVING AREA

Teague Case

title Team Lead | Broker Associate
PHONE (319) 321-6824
EMAIL [email protected]
DRE # B62070000

Features & Amenities

Interior

total bedrooms0
Total bathroom1
Flooring Carpet, Vinyl
APPLIANCES Dishwasher, Dryer, Microwave, Range Or Oven, Refrigerator, Washer

Area & Lot

Status Pending
Living Area9,756 Sq.Ft.
MLS® ID202602507
TypeMulti-Family
YEAR BUILT1993
NeighborhoodIowa City
Elementary SchoolLucas
Middle SchoolSoutheast
High SchoolCity

Exterior

utilitiesCity Sewer, City Water
parkingDetached Garage, Guest
HEAT TYPEForced Air
AIR CONDITIONINGCeiling Fans, Central Air

Financial

Sales Price$1,295,000
Real Estate Tax $23,256/yr
Maintenance Fee $15,000/mo
HOA $18,000/yr
Zoning Residential

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