An 18-unit multi-family apartment complex is available for purchase. The building comprises 14 two-bedroom units and four one-bedroom units. The property offers several opportunities to add value for a new owner. Rents have been increasing steadily, and there is still ample room for further growth. Six detached garages are available to tenants who require covered parking. Additionally, there is a large vacant lot next to the building that can accommodate another 12 units. The property features a metal roof and newer utilities. A brand-new laundry facility was recently installed, and the lower level has plenty of storage space available for the owner to rent out.

Listing ID #202401498

Multi-family For Sale

715 Ridge View Rd., Monticello, Iowa 52310

Square Feet0
Construction Year1972
Lot Size0 Acre
Country : US
State : IA
County : Jones
City : Monticello
Zipcode : 52310
Status CategoryActive
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Agent info
Matthew Lepic
Lepic-Kroeger, REALTORS
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0 Sqft
Heading north on Highway 151 from Cedar Rapids, take exit 63 for US-151 BUS/Amber Rd. Turn left onto US-151 BUS N/S Main St for 1.1 miles.
Additional Details
0 Acre
2024-03-17 20:10:13
1.3 Acres

Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.

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