1100 Arthur St, IowaCity, IA 52240

$6,975,000
1
BA

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List Price
$6,975,000
Status
ACTIVE
MLS#
202604576
Year Built
1962
Bathrooms
1
Region
IowaCity
Subdivision
NA

Property Description

This is a 100-unit cooperative project with all units leased out. 66 are one bedroom with 575 SF and 34 are two bedroom with 800 SF. The building is a quadrangle style with grassy area in the middle. There are separate laundry rooms for extra income and two basement areas with storage units for the tenants. The parcel is 3.765 acres and has approximately 100 parking spaces and bus service nearby. Close to banking, shopping, schools and parks. It is also directly across Arthur Street from the new Johnson County Neighborhood Center, a daycare and community center that will offer classrooms, computer lab, bikes for loan, playground and a center for community activities. Also, as a cooperative property, each unit could be sold individually.

Additional Information

Hoa Includes
Other
Amenities
None
Cooling
WindowUnits
Heating
NaturalGas, ForcedAir
Basement Desc
Partial
Parking
OffStreet
Elementary School
Lucas
Middle School
Southeast
High School
City

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Calculator source: Real Geeks

Listing courtesy of Lepic-Kroeger, REALTORS.