Skip To Content

120 32nd Street NE

Cedar Rapids, IA 52402
  • $1,475,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 2407195
UPDATED: 215 min ago
$1,475,000
  • 0
    BEDS
  • 0.53
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,248
    SQFT
  • $111
    $/SQFT
Neighborhood:
OT-E (East Of I-380)
Type:
Multi-Family
Built:
1970
County:
Linn
Area:
OT-E (East Of I-380)

School Information

Elementary School:
Kenwood
Middle School:
Franklin
High School:
Washington
School Ratings & Info

Description

**Investment Property Available in Cedar Rapids** This multifamily complex comprises a total of 23 units: - 20 one-bedroom units - 1 two-bedroom unit - 1 three-bedroom unit - 1 efficiency unit Out of the 23 units, 10 have been fully remodeled within the past two years. The units occupied by long-term tenants remain untouched. The property is located in a great area with easy access.

Monthly Payment Calculator

© 2024 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: 2024-12-02T23:42:48.217.
www.cedarrapidsareahomes.com/homes/156898715
Print Image

120 32nd Street NE Cedar Rapids, IA 52402

  • Price: $1,475,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 215 min ago
  • MLS #: 2407195
0
Beds
0
Baths
0
½ Baths
0.53
Acres
13,248
SQFT
$111
$/SQFT
1970
Built
Neighborhood:
OT-E (East Of I-380)
County:
Linn
Area:
OT-E (East Of I-380)
Elementary School:
Kenwood
Middle School:
Franklin
High School:
Washington
Property Description
**Investment Property Available in Cedar Rapids** This multifamily complex comprises a total of 23 units: - 20 one-bedroom units - 1 two-bedroom unit - 1 three-bedroom unit - 1 efficiency unit Out of the 23 units, 10 have been fully remodeled within the past two years. The units occupied by long-term tenants remain untouched. The property is located in a great area with easy access.
Exterior Features

Construction Materials Frame Foundation Details Slab Parking Features Parking Space(s)

Interior Features

Cooling Central Air Cooling YN Yes Heating Electric Forced Air Heating YN Yes Laundry Features Common Area

Property Features

Gross Income 169720 Listing Terms Cash Conventional Net Operating Income 115150 Operating Expense 54570 Owner Pays Water Possession Immediately Property Sub Type Multi Family Property Sub Type Additional Multi Family Sewer Public Sewer Tax Annual Amount 11036 Tenant Pays Electricity Gas Utilities Separate Meters Water Source Public

Listing information © 2024 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Matthew Lepic of LEPIC-KROEGER, REALTORS: 319-351-8811.
© 2024 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: 2024-12-02T23:42:48.217.
 
https://bt-photos.global.ssl.fastly.net/cedarrapids/orig_boomver_1_2407195-2.jpg https://bt-photos.global.ssl.fastly.net/cedarrapids/orig_boomver_1_2407195-2.jpg https://bt-photos.global.ssl.fastly.net/cedarrapids/orig_boomver_1_2407195-2.jpg
Logo
Graf Real Estate ERA Powered
2252 Blairs Ferry Road
Hiawatha IA, 52233