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About This Home
This 0-bedroom, 0-bathroom residential multi family at 5 Woolf Ave in IowaCity, IA is listed for $1,875,000 ($154 per sqft). Built in 1958, the home offers 12,168 sqft of living space on a N/A lot.
Two well-maintained brick buildings on 0.40 acres of land located directly across from the VA Hospital and just a short walk to the UI Dental College and UIHC. This prime campus-area location offers dependable rental demand and exceptional long-term redevelopment potential.
Building 1 has 9 studio units with approx 500 SF. Building 2 has 8 charming 2 BR / 1 BA apartments, each approx 800 SF. Both buildings have laundry rooms on site. Plenty of off-street parking including garages. Ideal as a stable income property with the added benefit of future high-end condo redevelopment in an irreplaceable Iowa City location close to hospitals, academics, transit & campus services. Please allow 48 hours' notice for tenants.
Key Features
- Built in 1958
Property Details
Monthly Cost Estimate
$10,028/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5 Woolf Ave
IowaCity, IA 52240
Ackermans
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 5 Woolf Ave is listed at $1,875,000 ($154/sqft). The estimated monthly payment is $8,125 based on 20% down at 6.5% interest.
Key features include: Built in 1958. Interior Features: Bookcases.
This property is listed by Jeff Edberg and can be reached at 3193316187 or jeff@icrealestate.com.
