Description
Single-family investment opportunity minutes from the University of Iowa campus and downtown Iowa City. Built in 1890, this spacious 7-bedroom, 5-bath residence spans 2,474 SF on a 0.118-acre lot. Proforma NOI of $39,609 on a 6.34% cap rate. Strong, consistent housing demand in an established rental market. Walkable to campus, Kinnick Stadium, Carver-Hawkeye Arena, City Park, and downtown amenities.
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0BEDS
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0.12ACRES
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0BATHS
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01/2 BATHS
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2,149SQFT
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$291$/SQFT
School Information
Description
Single-family investment opportunity minutes from the University of Iowa campus and downtown Iowa City. Built in 1890, this spacious 7-bedroom, 5-bath residence spans 2,474 SF on a 0.118-acre lot. Proforma NOI of $39,609 on a 6.34% cap rate. Strong, consistent housing demand in an established rental market. Walkable to campus, Kinnick Stadium, Carver-Hawkeye Arena, City Park, and downtown amenities.