Iowa City, IA 52246,2416 Petsel Place #1-4
Iowa City, IA 52246,2416 Petsel Place #1-4
Iowa City, IA 52246,2416 Petsel Place #1-4
Iowa City, IA 52246,2416 Petsel Place #1-4
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$575,000

$600,000

4.2%
Est.Price: ?

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Est. payment /mo

1 Bath


SOLD DATE : 01/06/2025

Key Details

Sold Price $575,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Subdivision Petsel Place Condos

MLS Listing ID 202405567

Sold Date 01/06/25

Style Two Stories,Multi Level,Townhouse

HOA Y/N No

Abv Grd Liv Area 4,392

Year Built 1981

Annual Tax Amount $9,560

Tax Year 2022

Property Sub-Type Multi Family

Property Description

Income/Investment, Always rented Currently leased through 7/2025 Great opportunity to own this income producing property with NO HOA. Units are condo'd out = lower taxes. Tenants Pay all Utilities. Owner responsible for snow & lawncare. Townhouse style with 1 car plus size garages, laundry off of garage. Open mid floor with Kitchen/Dining, Large Living room, 1/2 bath Deck space off of the DR. Upper floor full bath, 2 large bedrooms with walk-in closets. Newer insulated overhead garage doors. Recent radon test available. Sellers Disclosure Addendum with list of recent repairs. New front decks 10/24. Roof was new in 2015. Owner/Seller is licensed to sell Real Estate in the State of Iowa. 24 hour notice for all showings Showings allowed from 10am -7pm

Location

State IA

County Johnson

Zoning R

Direction Mormon Trek Blvd south of Melrose turn right on Petsel Place

Rooms

Basement Concrete, Partial

Interior

Interior Features Country Kitchen, Kit Dining Rm Comb, Other, Living Room Dining Room Combo

Heating Electric, Natural Gas, Forced Air

Cooling Central Air

Flooring Carpet, Vinyl

Fireplaces Type None

Appliance Dishwasher, Range Or Oven, Refrigerator, Dryer, Washer

Laundry Laundry Room, In Basement

Exterior

Exterior Feature Deck

Parking Features Attached Garage, Off Street, On Street

Community Features Park, Security, Sidewalks, Street Lights, Close To School, On Bus Line

Utilities Available City Sewer, City Water

Total Parking Spaces 2

Building

Structure Type Vinyl,Wood,Frame

New Construction No

Schools

Elementary Schools Borlaug

Middle Schools Northwest

High Schools West

Others

HOA Fee Include None

Tax ID 1017242001,002, 003, 004

Acceptable Financing Exchange1031, Cash, Conventional

Listing Terms Exchange1031, Cash, Conventional

Special Listing Condition Standard

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Listed by Edge Realty Group
Bought with Epique
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+1(319) 480-3875

tony@luekenre.com

4515 N River Blvd NE, Cedar Rapids, IA, 52411, USA

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