Description
Here's the condensed MLS remarks for 521 E College Street: MLS Remarks (Long Version - ~700 characters) Single-family investment opportunity minutes from the University of Iowa campus and downtown Iowa City. Built in 1890, this residence offers 8 bedrooms and 4 baths across 3,240 SF on a 0.172-acre lot. Proforma NOI of $52,923 on a 6.92% cap rate. Strong, consistent housing demand in an established rental market. Walkable to campus, Kinnick Stadium, Carver-Hawkeye Arena, City Park, and downtown amenities.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 3,240
County: Johnson
High School: City
Listed By:
SKOGMAN REALTY COMMERCIAL
Tiffany Earl Williams-WSG CRE
319-363-8286
Cedar Rapids MLS
MLS ID: 2605000
Shown By
Agent Name: Nathan Stout
Agent Phone: (309) 507-0571
Agency Title: Ruhl&Ruhl Realtors
Agent Email:
Get in Touch
Shown By
Agent Name: Nathan Stout
Agent Phone: (309) 507-0571
Agency Title: Ruhl&Ruhl Realtors
Agent Email:
Contact an agent to learn more about
521 E College Street, Iowa City, IA 52240.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $765,000 | $765,000 | $765,000 |
| Down Payment | $153,000 | $26,775 | $191,250 |
| Monthly Mortgage Amount | $3,818 | $4,625 | $4,764 |
| Taxes | $1065 | $1065 | $1065 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $337 | $0 |
| Monthly Estimated Total | $5,106 | $6,250 | $6,052 |