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510 E Burlington Iowa City, IA 52240 • Commercial - Business • Active

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Description

Prime location on one of the most traveled streets in Iowa City. Two commercial spaces roughly 864 sq. ft. each on the street level and 4 two bedroom, two bath apartments at 864 sq. ft. each on the top side. 8 dedicated parking spaces for the apartments, 3 parking spaces for the commercial units and 6 additional parking spaces that can be rented to the surrounding residents or commercial customers in the area for additional income. Tenants rights require a 24 hour notice to show the apartments.

Property Highlights

Property Type: Commercial - Business
Year Built: 1971

General Information

County: Johnson
Listed By:
Edge Realty Group Dann Coffey 319-351-3355
ICAAR MLS
$875,000
Est. $5,840/mo
Active
SQUARE FEET5,184 MLS#202603607
STATUSActive PROPERTY TYPECommercial - Business
TOUR PROPERTY

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Shown By

Agent Name: Jennifer Peters
 Agent Phone: (563) 723-1128
 Agency Title: Ruhl&Ruhl Realtors
 Agent Email:

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510 E Burlington, Iowa City, IA 52240.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $875,000$875,000$875,000
Down Payment $175,000$30,625$218,750
Monthly Mortgage Amount $4,367$5,290$5,450
Taxes $1218$1218$1218
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$525$0
Monthly Estimated Total $5,840$7,288$6,923

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