Brown Street Historic District, IA homes for sale & real estate

Brown Street Historic District, IA Homes for Sale

Rare chance to own an Iowa City ORIGINAL historical character house with a 1 extra large bedroom rental on each level. Wood floors, large open & sunny spaces & a large lot - perfect for gardens & entertaining makes this an attractive chance to own a type of home rarely offered in the proximity of downtown. Leases in place until end of July 2026 - 48 hour mandatory notice to show & listing agent to be present on property for showings. * * 48 hour mandatory response time for offers. Lease in place for extra parking spot to rear of home as well. Rents are $900/month for main level which includes a PKG spot. Upper level rents for $775/month without a parking spot. Tw

Brown Street Historic District, IA Homes for Sale

Rare investment opportunity - 21 room boarding house currently leased to a fraternity, leased through the grand chapter. Tenant is responsible for all maintenance, except for boiler and roof. Boiler was replaced December 2024. Owner is responsible for up to $1,100 in utility expense, unless fully occupied - Currently at full occupancy. There are 6 years left on the 10-year Lease Agreement. Tenants must decide by year-7 if they want to renew for another 5 years at an increased rent rate of $16,500. Considerable notice to show and pre-approval / proof of funds required for showings. Updates completed in 2016: Brava 50-year roof tile installed, new windows, new sprinkler system, new doors and