Description

Investor Alert! Bring your tools—and your best and highest offer! These two buildings (eight units total), priced well below market value, include six two-bedroom units currently rented at $800 per month, one three-bedroom unit at $1,000, and one one-bedroom unit at $700 per month.

While the properties could use some TLC, they present a strong investment opportunity for those looking to add value and maximize returns. Located in a desirable area with strong rental demand, this property offers steady cash flow and potential for appreciation and rent increases.

Please allow 24 hours’ notice for all showings. Don’t miss out on this income-generating asset—schedule a viewing today! Properties can be purchased separately, but the best value comes from buying them together. Buyer to verify lot size and Sq Ft.

Listing ID #2503305

Residential For Sale

58/66 Northwood Drive, Unit 1,2,3,4
Hiawatha, Iowa 52233

$480,000
Beds0
Full Baths0
Square Feet3,468
Construction Year1980
Lot Size0.18 Acre
Country : US
State : IA
County : Linn
City : Hiawatha
Zipcode : 52233
Status CategoryActive
Listing Agent
Maggie Druger
SKOGMAN REALTY
Mortgage Calculator
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Features
2503305
Residential
3,468 Sqft
1980
Parking Space(s)
Frame, Vinyl Siding
ROBINS RD TO NORTHWOOD.
Additional Details
0.18 Acre
Wall/Window Unit(s)
Electric
05-08-2025
7875 each

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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