Properties

PROPERTY DETAILS
Property Description :

First time on market! Nestled conveniently near Kinnick & UIHC. Built in 1983 by the current owner. All units fully remodeled w/wood type floor, tile bathrooms, carpet in bedrooms, cabinets, countertops, plumbing fixtures, doors & millwork, electrical, stainless steel appliances & newer windows. New LED lights-units & common hallways. Newer coin ops laundry. Remodeled common hallways, doors, millwork & carpet. Re-insulated attic-2023. Parking lot painted-2024. In-unit laundry in three BR apartment. Water heat boiler & domestic hot water recently serviced. Fall 2024 updates: 12 wall unit AC. Gyp-Crete between floors for sound. Mostly brick building & newer vinyl siding. ALL NEW 3/4” roof sheeting, ice & damn entire roof, STANDING SEAM STEEL ROOF w/no penetration fasteners showing, snow/ice guard rail around entire roof, new vent pipes/ boots, new oversized 6” gutters & oversized 4”x 5” downspouts, new larger overhang over north exterior w/Malarkey class 4 impact resistant shingles, etc. VERY well-maintained property managed by owner. Laundry income: $350/mo. Potential add’l income sources: Game day parking, renting parking to tenants & travel nurse. Walking trail from complex to law college.

Property Type : Residential
Listing ID : 2500580
Listing Type : For Sale
Price : $1,795,000
Year Built : 1983
Building Area Total : 3200
Lease Amount Unit : Dollars Per Square Foot
Property Type : Multi Family
Area : Iowa City/Coralville
Listing Status : Active
Property Sub Type : Multi Family
Property Subtype : Multi Family
Property Description

First time on market! Nestled conveniently near Kinnick & UIHC. Built in 1983 by the current owner. All units fully remodeled w/wood type floor, tile bathrooms, carpet in bedrooms, cabinets, countertops, plumbing fixtures, doors & millwork, electrical, stainless steel appliances & newer windows. New LED lights-units & common hallways. Newer coin ops laundry. Remodeled common hallways, doors, millwork & carpet. Re-insulated attic-2023. Parking lot painted-2024. In-unit laundry in three BR apartment. Water heat boiler & domestic hot water recently serviced. Fall 2024 updates: 12 wall unit AC. Gyp-Crete between floors for sound. Mostly brick building & newer vinyl siding. ALL NEW 3/4” roof sheeting, ice & damn entire roof, STANDING SEAM STEEL ROOF w/no penetration fasteners showing, snow/ice guard rail around entire roof, new vent pipes/ boots, new oversized 6” gutters & oversized 4”x 5” downspouts, new larger overhang over north exterior w/Malarkey class 4 impact resistant shingles, etc. VERY well-maintained property managed by owner. Laundry income: $350/mo. Potential add’l income sources: Game day parking, renting parking to tenants & travel nurse. Walking trail from complex to law college.

Features
: Public Sewer
Address Map
US
IA
Johnson
Iowa City
52246
Michael
730
Street
Go west on Benton St from Riverside Dr. Michael St is to the right before Hudson St. Property is on right
Iowa City/Coralville
Neighborhood
Lincoln
City
Southeast
More Information
LEPIC-KROEGER, REALTORS
Ryan Bandy
$0
$0
$0
Additional Information
: Frame
: Slab
180x40
11
2025-01-16
https://www.propertypanorama.com/instaview/cdr/2500580
: Public
Financial
18083.0
Listing Information
BANDYRYAN121
CLKCR
Cash, Conventional
Active
2025-01-24T21:00:40Z
CDR
2025-01-24T13:08:48Z

730 Michael Street, Iowa City, Iowa 52246

730 Michael Street, Iowa City, Iowa 52246

List Price: $1,795,000.00
Listing ID#2500580
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Q4 Agents

JASON ROGERS

Broker

1950 Boyson Road Hiawatha, Iowa 52233

Contact Jason Rogers:

319-361-3958 jrogers@Q4realestate.com

CRAIG BYERS

Realtor, CCIM

1950 Boyson Road Hiawatha, Iowa 52233

Contact Craig Byers:

319-360-7017 cbyers@Q4realestate.com

AUSTIN GEASLAND

Realtor

1950 Boyson Road Hiawatha, Iowa 52233

Contact Austin Geasland:

319-893-3279 ageasland@Q4realestate.com

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