1601 Aber Ave, Iowacity, IA 52246
- Bath
- 1
- Sqft
- 9,879
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
This income-producing 12-unit apartment building offers a compelling opportunity for investors seeking stable cash flow and long-term value in the Iowa City market. Located on Aber Avenue, just minutes from shopping, dining, bus lines and interstate access, this property features updated interiors and an excellent track record of full occupancy. This property offers immediate cash flow and room for future upside. The location, straightforward mechanical systems, and tenant-paid utilities make it a practical and appealing option for both first-time multifamily buyers and experienced investors looking to add a stable asset to their portfolio.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bathrooms
- 1
- Square feet
- 9,879
- Year built
- 1983
Interior features
- Basement
- Yes
Utilities
- Heating
- Baseboard
- Cooling
- Window unit(s)
- Sewer
- Public sewer
- Water
- Public
Estimated monthly costs
- Insurance
- $4,872
Taxes
- Tax Annual Amount (2023)
- $15,878
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Iowa City Area Association of Realtors MLS®#: 202503475 Last checked: …
