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946 Iowa Avenue

Already rented for lease year beginning August 1, 2010

Rent: $4,100/mo

10+ bedrooms

Map

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946 IOWA AVENUE - HISTORICAL FORMER FRATERNITY HOUSE



Click here for standard information and rental guide applying to all houses.

Estimated monthly house expenses:

Rent, discounted (see below)                                                $4,100.00
Gas & electric (monthly average based on last 24 months)          347.00

Total                                                                                   $4,447.00

Water and sewer are billed monthly by the City of Iowa City, and depend solely on actual usage by occupants of the property. Landlords pay for trash removal service.

General information about the house:

10+ bedrooms, 3 baths, 3 kitchens, 2 laundries, large front porch. New refrigerators 2003. Balcony deck. Two car garage with large hard surface parking area. Total finished area is estimated to be 3,000 square feet. Attic hardwood floors refinished 3/2001. New carpet 8/2001. Entire house renovated 2006. Wired for cable and internet. Heated floors in basement. Central air-conditioning. New furnace 2006. Basement completely new 2006. New siding and insulation 2006. Entire house is legal for 14 tenants. Brand new 2-car garage 2007.

Property is legally classified as 7 rooming units and 2 dwelling units. Property is registered as a Residential Cooperative, where residents share access to common areas.

Room sizes:

Basement: Total square feet = 1,170. Common area/kitchen 32x16, West BR 11x16, NW BR 18x12, Bathroom 6.5x6, Utility room 6.5x8.

Main floor: LR 15x16.5, S BR 14x8, SW BR 10x13, Kitchen 17x12, Front hall 17x7, SE Extra room 5.5x16, Fireplace 7x5, Bathroom 10x5.5, Laundry 5.5x5.5, Landing 8x3.

2nd floor: 4SW BR 13x13, 5SE BR 13x10, 6E BR 14.5x9, 7NE BR 12x14, 8NW BR 9.5x11, Bathroom 9.5x5.5, Common hall 10.5x9.5.

Attic: Common kitchen 23x10, Storage room 9x10, 9BR 12x16.

Garage: 20x20.

Front porch: 27x6.5.

General information about the lease and rental discount:

1. Lease begins August 1, 2010, and ends July 25, 2011. No discount for month of July.

2. Full security deposit required at signing of lease, equal in amount to one month's discounted rent.

3. Pre-dated rent checks shall be given to Landlords at start of lease. This is meant to eliminate late rent. If there are no pre-dated checks, rent is late, or rent checks are returned for non-sufficient funds, full rent of $4,550.00 shall be the rental amount due for the month. Tenants receive a $450.00 discount on rent if rent is paid on the first of the month. Rent shall be paid with individual checks from each tenant.


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