Description
Investor alert. Completely remodeled rental from top to bottom in a prime University of Iowa location, just steps from downtown Iowa City. This property is currently leased through July 23, 2027 rent being $3,750, with rent increasing to $4,250 per month beginning 8/1/2026. The property holds a rooming house rental permit, with current tenants renting the home collectively as a single household. Tenants are responsible for all utilities, snow removal, and lawn care. Updates include a brand new kitchen, new appliances, quartz countertops, new electrical and plumbing systems, new flooring, and new windows throughout. The driveway is shared with the neighboring property at 903 E Burlington Street. Property is being sold as is. Owner is an Iowa Real Estate Broker.
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5BEDS
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0.04ACRES
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3BATHS
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01/2 BATHS
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2,198SQFT
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$177$/SQFT
School Information
Description
Investor alert. Completely remodeled rental from top to bottom in a prime University of Iowa location, just steps from downtown Iowa City. This property is currently leased through July 23, 2027 rent being $3,750, with rent increasing to $4,250 per month beginning 8/1/2026. The property holds a rooming house rental permit, with current tenants renting the home collectively as a single household. Tenants are responsible for all utilities, snow removal, and lawn care. Updates include a brand new kitchen, new appliances, quartz countertops, new electrical and plumbing systems, new flooring, and new windows throughout. The driveway is shared with the neighboring property at 903 E Burlington Street. Property is being sold as is. Owner is an Iowa Real Estate Broker.