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116 15th Street NE

Cedar Rapids, IA 52402
  • $265,000
  • STATUS: Active
  • ON SITE: 141 Days
  • MLS #: 2304766
UPDATED: 48 min ago
$265,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,565
    SQFT
  • $74
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1913
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Tons of potential with this one. Upstairs you will find 2 three bedroom apartments that are currently rented out by the room at $525/mo for a total gross income of $3150. The two lower units are zoned commercial with approximately 800 square ft, with a private office and a bathroom in each unit along with additional storage in the back. These units could be converted to residential if so desired. The upper units could be switched back to 3 bedroom apartments, and not rooms for rent if the buyer prefers. Contact LA for questions regarding that. Please allow at least 24 hours for all showings-tenant rights.

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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: 2023-12-09T06:42:36.22.
www.cedarrapidsareahomes.com/homes/141674712
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116 15th Street NE Cedar Rapids, IA 52402

  • Price: $265,000
  • Status: Active
  • On Site: 141 Days
  • Updated: 48 min ago
  • MLS #: 2304766
0
Beds
0
Baths
0
½ Baths
0.06
Acres
3,565
SQFT
$74
$/SQFT
1913
Built
Neighborhood:
NE Quadrant
County:
Linn
Area:
NE Quadrant
Elementary School:
Garfield
Middle School:
Franklin
High School:
Washington
Property Description
Tons of potential with this one. Upstairs you will find 2 three bedroom apartments that are currently rented out by the room at $525/mo for a total gross income of $3150. The two lower units are zoned commercial with approximately 800 square ft, with a private office and a bathroom in each unit along with additional storage in the back. These units could be converted to residential if so desired. The upper units could be switched back to 3 bedroom apartments, and not rooms for rent if the buyer prefers. Contact LA for questions regarding that. Please allow at least 24 hours for all showings-tenant rights.
Exterior Features

Construction Materials FrameStuccoVinyl Siding

Interior Features

Basement Partial Basement YN Yes Cooling Central AirWall/Window Unit(S) Cooling YN Yes Heating Forced AirGas Heating YN Yes

Property Features

Association YN No Pets Allowed No Property Sub Type Multi Family Sewer Public Sewer Tax Annual Amount 2244 Utilities Separate Meters Water Source Public

Listing information © 2023 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Adam Green of Pinnacle Realty Llc: 319-393-0900.
© 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: 2023-12-09T06:42:36.22.
 
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