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935 E College St Iowa City, IA 52240 • Multi Unit - Multiple • Active

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Description

This 4,000 square foot property has strong rental potential. The historic Lindsay House (AKA Bloom County House) features a prime location near the University of Iowa campus, hospital, downtown offices and amenities. New roof (2021), newer boiler, updated electrical panel and wiring, attic insulation. Preserved architectural details, over 18 rooms, including some with pocket doors, can function as dwellings or other rental uses. Residential zoning, ideal for a rental property, bed & breakfast, apartment or room rental. The property could also serve as private offices or other commercial/retail uses subject to zoning review. Listed on the National Register of Historic Places. Over the years, the space has served as a private residence, a sorority, apartments, and most recently a rooming house.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Sqft: 4,033
County: Johnson
High School: City
Listed By:
LEPIC-KROEGER, REALTORS Ricardo Rangel Jr 319-351-8811
Cedar Rapids MLS
$300,000
Est. $2,035/mo
4,033sqft
New to the Market Active
BEDS0 BATHS SQUARE FEET4,033 MLS#2605477
STATUSActive PROPERTY TYPEMulti Unit - Multiple
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Agent Name: The Pankey The Pankey Group
 Agent Phone: (309) 721-8830
 Agency Title: Ruhl&Ruhl Realtors
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935 E College St , Iowa City, IA 52240.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $300,000$300,000$300,000
Down Payment $60,000$10,500$75,000
Monthly Mortgage Amount $1,517$1,838$1,884
Taxes $418$418$418
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$132$0
Monthly Estimated Total $2,035$2,488$2,402

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