Address
608-613 Riley Ln West Branch, IA
Price
$ 1,500,000
Property Attributes
  • MLS#202105340
  • TypeMulti-Family
  • CountyCEDAR
  • CityWest Branch
  • AreaNE Quadrant
  • NeighborhoodPedersen Valley
  • Zip52358
  • StyleMulti-Family
  • Year Built2019
  • Taxes$ 23988
  • Price$ 1,500,000
  • Bedrooms12
  • Full Bathrooms12
  • Half Bathrooms0
  • Sqr Footage1537
Listing Provided Courtesy Of:
Coldwell Banker Real Estate Professionals
Data Source:
Iowa City Area Association Of REALTORS® (ICAAR) - 549 - IA
Property Description

ALMOST NEW well-maintained triplex buildings (6 units total) located in the heart of West Branch: a growing community with close proximity to Iowa City, small-town setting, easy HWY access and fantastic downtown. A great investment opportunity with zero vacancies and a stellar rental history. With the introduction of a national homebuilder and recent economic developments, West Branch is experiencing enhanced growth and popularity. Each of the 6 units have 3 bedrooms, 3 baths and a 2-car garage. Aside from open layouts, dedicated yards and decks, each unit is updated with luxury finishes, which include vinyl flooring and granite countertops. Plenty of storage in garage and walk-in closets. Primary bathroom has a dedicated full bath. Three units have a walkout lower level and the other three have a balcony. Each unit has been professionally managed with the introduction of fresh paint & repairs at the juncture of each lease.

Elementary School Middle School High School
West Branch Elementary School West Branch Middle School West Branch High School
Price History
9/29/2021 Listed $1,500,000

General Features

Appliances Dishwasher, Range/Oven, Refrigerator
Associated Document Count 2
Basement Finished, Full, Walkout
City West Branch
Construction Frame
County Cedar
DOM 44
Directions Herbert Hoover Hwy North on Pedersen St, Left on Hilltop Drive, right on Riley Lane.
Elementary School West Branch
Expenses 6586.18
Fireplaces 1
Grossincome 97993.82
Heating Ceiling Fans, Gas, Central
High School West Branch
Middle School West Branch
New Construction No
Postal Code 52358
Primary City West Branch
Property Type MULTI-FAMILY
Sale/lease For Sale
Showing Instructions ShowingTime
Status Active
Street Name Riley Ln
Subdivision Pedersen Valley
Subdivision IA
Type Multi-Family
Year Built 2019
Zoning Residential

Interior Features

Internet Yes
Total Number of Units 6
Unit1 Living Room Yes
Unit2 Monthly Rent 1495
Unit4 Monthly Rent 1400

Exterior Features

Parking Spaces 2 Car
Water/Sewer City Sewer, City Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 52358

Price
AVG $1.5M
$1.5M
Taxes
AVG $23,988
$23,988
Visits
AVG 8
7
Year Built
AVG 2019
2019
Walkscore
AVG 23
23
Data Provided by Walkscore ® not using MLS data

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