$160,000
$160,000
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1,856 SqFt
SOLD DATE : 10/01/2024
Key Details
Sold Price $160,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,856 sqft
Price per Sqft $86
MLS Listing ID 2401091
Sold Date 10/01/24
HOA Y/N No
Total Fin. Sqft 1856
Year Built 1914
Annual Tax Amount $1,722
Property Description
Creative finance opportunity! Fully rented 4-pex with $2,490 per month in gross rents! This well-maintained Four-plex with 2 studio units and 2 one-bedroom units is an ideal investment opportunity for those looking to enter the market. Located on the SE side of Cedar Rapids, the property offers low maintenance with a newer roof, plus a spacious open backyard. Perfect for a new owner to take over and begin generating income from day one.
Seller Financing, Subject to and Lease Option available. Package deal available for 1207 5th Ave Se and 1211 5th Ave SE. Tenant occupied, 48 hours minimum notice for showings, pre approval required for showings on occupied units.
Location
State IA
County Linn
Area Se Quadrant
Rooms
Ensuite Laundry Common Area
Interior
Interior Features Storage
Laundry Location Common Area
Heating Forced Air, Gas
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area
Exterior
Utilities Available Separate Meters
Water Access Desc Public
Total Parking Spaces 2
Building
Sewer Public Sewer
Water Public
Structure Type Frame,Stone
Schools
Elementary Schools Johnson
Middle Schools Mckinley
High Schools Washington
Others
Tax ID 142233400700000
Acceptable Financing Cash, Conventional, Contract
Listing Terms Cash, Conventional, Contract
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Bought with SKOGMAN REALTY
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