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755 & 757 W Benton St Iowa City, IA 52246 • Commercial - Business • New

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Description

Great opportunity to purchase two buildings with mixed use. Fully leased commercial spaces and apartments. Long term rental history located in a popular are on Benton St. The 755 Building conists of has two main level office suites and four (1-bedroom) apartments above. The 757 Building consists of two (2-bedroom) apartments and eight (1-bedroom) apartments. Short walk or drive to the UIHC, law, dental schools and Iowa sports complexes. Both commercial tenants have been long term. Contact listing agent for a complete list of income and expenses.

Property Highlights

Property Type: Commercial - Business
Year Built: 1974

General Information

County: Johnson
Listed By:
Urban Acres Real Estate Corridor Mike Bails 319-351-1111
ICAAR MLS
$1,350,000
Est. $9,732/mo
New to the Market New
SQUARE FEET21,823 MLS#202606180
STATUSNew PROPERTY TYPECommercial - Business
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Agent Name: Kelley Myers
 Agent Phone: (319) 631-1289
 Agency Title: Ruhl&Ruhl Realtors
 Agent Email:

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755 & 757 W Benton St, Iowa City, IA 52246.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,350,000$1,350,000$1,350,000
Down Payment $47,250$0$270,000
Monthly Mortgage Amount $8,819$9,291$7,459
Taxes $1879$1879$1879
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $810$0$0
Monthly Estimated Total $11,902$11,564$9,732

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