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109/111 Market Street

Coggon, IA 52218
  • $550,000
  • STATUS: Active
  • ON SITE: 262 Days
  • MLS #: 2208408
UPDATED: 25 min ago
$550,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1999
County:

School Information

Elementary School:
Middle School:
High School:

Description

Calling all investors, or someone wanting to add / build their portfolio. Look no further than this 7 unit apartment building RENTED OUT, a waiting list, and room to grow your revenue. Not only is the income already set up, there are NO OTHER upgrades to be made, or work to be done. Current owners have already done so much. Including new faucets, light fixtures / ceiling fans, AC units, flooring, paint, appliances, NEW water softener, and MORE. See attached list. Property manager already on site. 6 of the 7 units are 2 bedroom units. Then check out the 3 bed, 2 bath, nearly 2,000 sq foot unit! Beautiful new kitchen, jacuzzi tub, private entry, feels more like a HOME! Tenants are all on separate electric meters, and all units have in-floor heat! 3 of the 7 units have their own laundry hook-ups, and the other 4 share a common laundry area.

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© 2023 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Graf Real Estate ERA Powered. Data last updated: 2023-05-30T16:42:31.953.
www.cedarrapidsareahomes.com/homes/132949205
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109/111 Market Street Coggon, IA 52218

  • Price: $550,000
  • Status: Active
  • On Site: 262 Days
  • Updated: 25 min ago
  • MLS #: 2208408
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1999
Built
Neighborhood:
OT-E (East Of I-380)
County:
Linn
Area:
OT-E (East Of I-380)
Elementary School:
North Linn
Middle School:
North Linn
High School:
North Linn
Property Description
Calling all investors, or someone wanting to add / build their portfolio. Look no further than this 7 unit apartment building RENTED OUT, a waiting list, and room to grow your revenue. Not only is the income already set up, there are NO OTHER upgrades to be made, or work to be done. Current owners have already done so much. Including new faucets, light fixtures / ceiling fans, AC units, flooring, paint, appliances, NEW water softener, and MORE. See attached list. Property manager already on site. 6 of the 7 units are 2 bedroom units. Then check out the 3 bed, 2 bath, nearly 2,000 sq foot unit! Beautiful new kitchen, jacuzzi tub, private entry, feels more like a HOME! Tenants are all on separate electric meters, and all units have in-floor heat! 3 of the 7 units have their own laundry hook-ups, and the other 4 share a common laundry area.
Exterior Features

Construction Materials FrameVinyl Siding Foundation Details Slab Other Structures Shed(S) Parking Features Parking Space(S) Parking Total 10

Interior Features

Cooling See RemarksCentral AirWall/Window Unit(S) Cooling YN Yes Heating See RemarksHot Water Heating YN Yes Laundry Features Common AreaIn Unit

Property Features

Gross Income 64200 Net Operating Income 44742 Pets Allowed Yes Property Sub Type Multi Family Sewer Public Sewer Tax Annual Amount 7950 Tenant Pays Electricity Utilities Separate Meters Water Source Public Zoning Description Res

Listing information © 2023 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Olivia's Real Estate Team of Iowa Realty: 319-393-4900.
© 2023 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Graf Real Estate ERA Powered. Data last updated: 2023-05-30T16:42:31.953.
 
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