323 N Lucas St, IowaCity, IA 52245

$240,000

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List Price
$240,000
Status
ACTIVE
MLS#
202605182
Year Built
1900
Region
IowaCity
Subdivision
Iowa City (Original Town)

Property Description

Close to campus & downtown two story up/down duplex with separate entrances. One bedroom, full bath and laundry in both units. Central gas furnace & A/C units w/gas & electric costs and City trash/water/sewer utility costs shared by tenants. Could easily be restored to a single family home. Upper unit lease expires 10/31/26, Lower unit, 7/31/27. Current rent $600/mo each. Large off-street concrete parking in back of property. 12x18 detached garage. Radon mitigation system. New furnace ~2012. Buyers to agree to 1031 tax-exempt sale terms & can bundle with 20 S Lucas St. Tenants' Rights: minimum of 24 hours notice to show. Possession negotiable. Great opportunity!

Additional Information

Amenities
Park, Sidewalks, StreetLights, CloseToShopping, OnBusLine
Heating
ForcedAir
Basement Desc
Block, SeeRemarks
Exterior
FrontPorch
Parking
DetachedGarage, OffStreet, OnStreet
Elementary School
Mann
Middle School
Southeast
High School
City

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of RE/MAX Concepts.