$2,300,000

716 N Dubuque St , Iowacity, IA 52245

 
Bedrooms:0 beds
Bathrooms:0 baths
(None specified):5,626 sqft
Lot:Unknown
Year Built:1925
Listing Status:Active

Listing Agent

Tyler Riddle
http://www.LKRiowa.com
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

Rare investment opportunity - 21 room boarding house currently leased to a fraternity, leased through the grand chapter. Tenant is responsible for all maintenance, except for boiler and roof. Boiler was replaced December 2024. Owner is responsible for up to $1,100 in utility expense, unless fully occupied - Currently at full occupancy. There are 6 years left on the 10-year Lease Agreement. Tenants must decide by year-7 if they want to renew for another 5 years at an increased rent rate of $16,500. Considerable notice to show and pre-approval / proof of funds required for showings. Updates completed in 2016: Brava 50-year roof tile installed, new windows, new sprinkler system, new doors and trim.

Detailed Items

Other Information

716 N Dubuque St, Iowacity, IA, 52245 is a (none specified) listing of 5,626 sqft on a lot of Unknown. This (none specified) listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property716 N Dubuque St, Iowacity, IA
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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