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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
MLS ID: 202603607
Shown By
Agent Name: BERG Real Estate BERG Real Estate Team
Agent Phone: (563) 549-9456
Agency Title: Ruhl&Ruhl Realtors
Agent Email:
Get in Touch
Shown By
Agent Name: BERG Real Estate BERG Real Estate Team
Agent Phone: (563) 549-9456
Agency Title: Ruhl&Ruhl Realtors
Agent Email:
Contact an agent to learn more about
510 E Burlington, Iowa City, IA 52240.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $925,000 | $925,000 | $925,000 |
| Down Payment | $185,000 | $32,375 | $231,250 |
| Monthly Mortgage Amount | $4,496 | $5,592 | $5,715 |
| Taxes | $1287 | $1287 | $1287 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $555 | $0 |
| Monthly Estimated Total | $6,053 | $7,704 | $7,272 |