Description

Investment Opportunity! This well-maintained 4-plex offers a fantastic opportunity for investors seeking steady rental income. Conveniently located in Southeast Cedar Rapids, this property is fully occupied with long-term tenants. The property features three 2 bed/1bath units, and one 1bed/1bath unit. Landlord pays water and gas, tenants pay electricity. New roof installed in 2023 and a new concrete walkway was completed in 2022. Don’t mis this opportunity to own a sold multi-family investment!

Listing ID #2500262

Residential For Sale

1541 5th Avenue Se, Cedar Rapids, Iowa 52403

$225,000
Beds0
Full Baths0
Square Feet1,680
Construction Year1961
Lot Size0.13 Acre
Country : US
State : IA
County : Linn
City : Cedar Rapids
Zipcode : 52403
Status CategoryActive
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Features
2500262
Residential
1,680 Sqft
1961
Johnson
Mc Kinley
Washington
Parking Space(s)
Frame, Aluminum Siding
From First Ave SE, turn south onto 15th St SE, turn east onto 5th Ave SE, building will be on your right.
Additional Details
0.13 Acre
Hot Water
01-14-2025
5600

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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