220 LAFAYETTE STREET, Iowa City, IA

$1,650,000 Commercial Property for Sale
MLS#: 20091223


ID# 14071219

Presented by

JEFF EDBERG

LEPIC-KROEGER, REALTORS

  • (319)331-6187

Data Provided by:

OT - Iowa City Area AoR

Property Description

Commercial and residential income ... property near downtown Iowa City. Commercial portion is a handy and well run executive suite business with many long-term tenants. Residential units are above and run fully leased to U of I students. Owner reports income is $222,780 and expenses are $110,542 showing at 7.7% cap rate and almost 8% cash on cash with 6% financing. This is a solid multi tenant investment property. MLS# 20091223.



Property Features

  • Available
  • Commercial Property
  • 1990
  • 0.72 Acres



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JEFF EDBERG

LEPIC-KROEGER, REALTORS

  • (319)331-6187

Data Provided by:

OT - Iowa City Area AoR

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220 LAFAYETTE STREET,
Iowa City, IA 52240

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Iowa City, IA 52240

  • 220 LAFAYETTE STREET
  • Johnson County
  • Available

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