Residential For Sale
1,680 Sqft - 5th Avenue Se, Cedar Rapids, Iowa 52403
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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!

Property 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!

Basic Details
Property Type:
Residential
Listing Type:
For Sale
Listing ID:
2500262
Price:
$225,000
Beds:
0
Total Full Baths:
0
Baths:
0
Half Bathrooms:
0
Square Feet:
1,680 Sqft
Construction Year:
1961
Lot Size:
0.13 Acre
Country:
US
State:
IA
County:
Linn
City:
Cedar Rapids
Zipcode:
52403
Status Category:
Active
Features
Heating:
Hot Water
Parking:
Parking Space(s)
Construction:
Frame, Aluminum Siding
Address Map
Street:
5th Avenue Se
Street Number:
1541
Floor Number:
0
Longitude:
W92° 21' 4.5''
Latitude:
N41° 58' 56.4''
More Information
Office Name:
Urban Acres Real Estate Corridor
Agent Name:
Ross Nusser
Elementary School:
Johnson
Jr./Middle School:
Mc Kinley
High School:
Washington
Directions:
From First Ave SE, turn south onto 15th St SE, turn east onto 5th Ave SE, building will be on your right.
Zoning:
Resident
Lot Dimensions:
5600
LA1Agent Logon Name:
I1571
LA1Agent First Name:
Ross
LA1Agent Last Name:
Nusser
LO1Main Office ID:
IUAR
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Ross Nusser
Additional Details
Frame, Aluminum Siding
01/14/2025
From First Ave SE, turn south onto 15th St SE, turn east onto 5th Ave SE, building will be on your right.
5600
Urban Acres Real Estate