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4705 Herbert Hoover Hwy Iowa City, IA 52240 • Residential - Single Family • New

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  • 4705 Herbert Hoover Hwy, Iowa City, IA 52240 Main Photo

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Description

Freshly remodeled income/investment property in desirable area. Just minutes from I-80 & downtown Iowa City. This property has a strong rental history and many recent updates, including kitchen appliances, paint and flooring. Worry free investment with $185/mo. HOA fee covering lawncare, snow removal, exterior maintenance, grounds maintenance, Bldg/Liability Insurance and street maintenance, reserve fund. $250 HOA start-up fee, $150 HOA exit fee. Leased through July of 2027 at $1985/mo. A great opportunity for new investors or experience investors. 24 hour notice to show. Showings allowed from 10am-7pm. closing negotiable. Exterior photos of similar unit.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,641
Built in 2018
Elementary School: Hoover
High School: City
Middle School: Southeast
One Fireplace

General Information

Bedrooms: 3
Bathrooms: 3
Sqft: 1,641
County: Johnson
High School: City
Listed By:
Edge Realty Group Chris Lehman 319-351-3355
ICAAR MLS
$275,000
Est. $1,856/mo
3beds
3baths
1,641sqft
New to the Market New
BEDS3 BATHS2 full 1 partial SQUARE FEET1,641 MLS#202604649
STATUSNew PROPERTY TYPEResidential - Single Family
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Agent Name: Thome Thome Homes
 Agent Phone: (319) 363-5289
 Agency Title: Ruhl&Ruhl Realtors
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4705 Herbert Hoover Hwy, Iowa City, IA 52240.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $275,000$275,000$275,000
Down Payment $55,000$9,625$68,750
Monthly Mortgage Amount $1,373$1,663$1,713
Taxes $383$383$383
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$121$0
Monthly Estimated Total $1,856$2,267$2,196

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