Residential For Sale
1,384 Sqft - A, Cedar Rapids, Iowa 52405
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Description

Great income investment property. Check out this up/down duplex close to downtown. Lower unit(1 bedroom)rents for $625/mo upper unit(2 bedroom) rents for $675/mo. Lower tenant has been there for 15 yrs and upper tenant for 3 yrs. Tenants pay electric and gas and owner pays water/sewer/garbage. This is a Section 8 approved property with guaranteed rental income. Property has laundry in basement and a 2 stall divided garage at the back of the property. Great opportunity!

Property Description

Great income investment property. Check out this up/down duplex close to downtown. Lower unit(1 bedroom)rents for $625/mo upper unit(2 bedroom) rents for $675/mo. Lower tenant has been there for 15 yrs and upper tenant for 3 yrs. Tenants pay electric and gas and owner pays water/sewer/garbage. This is a Section 8 approved property with guaranteed rental income. Property has laundry in basement and a 2 stall divided garage at the back of the property. Great opportunity!

Basic Details
Property Type:
Residential
Listing Type:
For Sale
Listing ID:
2501481
Price:
$125,000
Beds:
0
Total Full Baths:
0
Baths:
0
Half Bathrooms:
0
Square Feet:
1,384 Sqft
Construction Year:
1890
Lot Size:
0.20 Acre
Country:
US
State:
IA
County:
Linn
City:
Cedar Rapids
Zipcode:
52405
Status Category:
Active
Features
Heating:
Forced Air, Gas
Cooling System:
Central Air
Exterior:
Fence
Construction:
Frame, Vinyl Siding
Address Map
Street:
A
Street Number:
418
Floor Number:
0
Longitude:
W79° 7' 3.2''
Latitude:
N42° 54' 49.8''
More Information
Office Name:
Keller Williams Legacy Group
Agent Name:
Mark Christianson
Elementary School:
Cleveland
Jr./Middle School:
Roosevelt
High School:
Jefferson
Directions:
!st Ave NW, turn right on 5th St NW, turn right on A Ave NW.
Lot Dimensions:
40'x140'
LA1Agent Logon Name:
CHRISTIANSO121
LA1Agent First Name:
Mark
LA1Agent Last Name:
Christianson
LO1Main Office ID:
CKWLG02
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Mark Christianson
Keller Williams Legacy Group
Additional Details
Central Air
Fence
Frame, Vinyl Siding
03/07/2025
!st Ave NW, turn right on 5th St NW, turn right on A Ave NW.
40'x140'
Urban Acres Real Estate