29 Valley Avenue Iowa City, IA 52240 • Residential - Condominium • Active $239,000

Description

Don't miss this fantastic opportunity to own a 2-bedroom, 1-bath condo in an unbeatable location?just steps from the University of Iowa campus and right next to Carver-Hawkeye Arena. Whether you're searching for a smart investment property or ready to stop renting and own your own place, this condo checks all the boxes. Situated on the second level, this unit features an open-concept kitchen and living area, creating a comfortable and functional living space. Enjoy laminate flooring throughout, electric heat, and a window A/C unit. All appliances are included, including a washer and dryer, making this a truly move-in-ready home. The property also comes with two dedicated parking spaces?a rare and valuable perk in this area. The annual HOA fee of $1,440 covers lawn care, exterior building insurance and liability, as well as general exterior maintenance. The HOA also manages annual rental inspections and permit requirements, making this an excellent option for investors. Trash service is shared with the neighboring building. The unit is currently tenant-occupied, with a lease in place through June 30th?offering immediate rental income potential. Current rent is 1,350 tenant pays all utilities

Property Highlights