323 N Lucas St
Iowa City, IA 52245

$240,000

  • 2
    Bedrooms
  • 2
    Bathrooms

Close to campus & downtown two story up/down duplex with separate entrances. One bedroom, full bath and laundry in both units. Central gas furnace & A/C units w/gas & electric costs and City trash/water/sewer utility costs shared by tenants. Could easily be restored to a single family home. Upper unit lease expires 10/31/26, Lower unit, 7/31/27. Current rent $600/mo each. Large off-street concrete parking in back of property. 12x18 detached garage. Radon mitigation system. New furnace ~2012. Buyers to agree to 1031 tax-exempt sale terms & can bundle with 20 S Lucas St. Tenants' Rights: minimum of 48 hours notice to show. Possession negotiable....read more Great opportunity!

Property Highlights

  • Heating

    Forced Air

  • Taxes

    $4,154 Taxes

  • Year Built

    Built in 1900

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