Unlock the potential of this converted 4-unit building, perfect for first-time investors or owner-occupant landlords looking for a hassle-free rental opportunity. With a layout that maximizes functionality, these charming units create an inviting atmosphere ideal for those seeking affordability and simplicity. The common-area coin laundry adds convenience, ensuring a seamless experience for renters.
For those looking to live and invest in one property, this building presents an excellent opportunity to occupy one unit while generating rental income from the others—a smart way to offset expenses while building equity.
Tenants pay own electricity, Owner pays for water (sewer & trash), and common electricity. No gas at property.
Seller will be completing a 1031 exchange as part of the sale. Please allow 72hr for showing requests.
Residential For Sale
222 5th Avenue
Cedar Rapids, Iowa 52404
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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