5 Woolf Ave #&-15, Iowa City, IA, 52246
--beds
1baths
12,168sqft
$1,875,000
$154price/sqft
$13,277/moest. monthly cost
$531,080/yrincome needed
About This Home
Two well-maintained brick buildings on 0.40 acres of land located directly across from the VA Hospital and just a short walk to the UI Dental College and UIHC. This prime campus-area location offers dependable rental demand and exceptional long-term redevelopment potential. Building 1 has 9 studio units with approx 500 SF. Building 2 has 8 charming 2 BR / 1 BA apartments, each approx 800 SF. Both buildings have laundry rooms on site. Plenty of off-street parking including garages. Ideal as a stable income property with the added benefit of future high-end condo redevelopment in an irreplaceable Iowa City location close to hospitals, academics, transit & campus services. Please allow 48 hours' notice for tenants.
Getting Around
40
Car-Dependent50
Good Transit74
Very BikeableSchools
8/10
5/10
7/10
Construction
Condition
- Year built: 1958
Materials
- Construction materials: Brick,Block,Wood,Frame
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Residential
Interior
Appliances
- Appliances included: Range Or Oven,Refrigerator
- Laundry features: Laundry Room
Basement
- Basement: See Remarks
Bedrooms & Bathrooms
- Bathrooms: 1
Features
- Other,Bookcases
- Flooring: Wood,Concrete
- Fireplace features: None
- Finished area below ground: 0
- Finished area above ground: 12,168
Heating & Cooling
- Heating features: Electric,Forced Air,Natural Gas
- Cooling features: Other
Interior Area
- Total structure area: 12,168
- Total interior livable area: 12,168 sqft
Property
Details
- Parcel number: 1009301001
- Zoning: PRM
- Special condition: Standard
Features
- Exterior features: Other
Lot
- Features: Corner Lot
- Lot size dimensions: Irregular
Parking
- Total spaces: 4
- Parking features: Off Street
- Has garage: Yes