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1419 & 1427 2nd Avenue SE

Cedar Rapids, IA 52403
  • $210,000
  • STATUS: Active
  • ON SITE: 52 Days
  • MLS #: 2205626
Price Reduced
UPDATED: 67 min ago
$210,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,280
    SQFT
  • $49
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

CASH FLOW! Both parcels being sold as a package deal. 9 units all together. Each unit has been rented for $500/mo for $4,500 gross monthly. Easy to show. 1419 is 4- 1 bedroom units and efficiency in LL. 1427 is 4- 1 bedroom units. Brand new (5) electrical breaker panels in 1419. Some new windows. Both properties have added insulation on exterior. Just passed City Inspections in June 2022 and good for 3 years!

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© 2022 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: 2022-08-19T15:42:35.423.
www.cedarrapidsareahomes.com/homes/130330274
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1419 & 1427 2nd Avenue SE Cedar Rapids, IA 52403

  • Price: $210,000
  • Status: Active
  • On Site: 52 Days
  • Updated: 67 min ago
  • MLS #: 2205626
0
Beds
0
Baths
0
½ Baths
0.32
Acres
4,280
SQFT
$49
$/SQFT
1900
Built
Neighborhood:
SE Quadrant
County:
Linn
Area:
SE Quadrant
Elementary School:
Johnson
Middle School:
Mckinley
High School:
Washington
Property Description
CASH FLOW! Both parcels being sold as a package deal. 9 units all together. Each unit has been rented for $500/mo for $4,500 gross monthly. Easy to show. 1419 is 4- 1 bedroom units and efficiency in LL. 1427 is 4- 1 bedroom units. Brand new (5) electrical breaker panels in 1419. Some new windows. Both properties have added insulation on exterior. Just passed City Inspections in June 2022 and good for 3 years!
Exterior Features

Construction Materials FrameWood Siding Garage YN Yes Parking Features Parking Space(S) Patio And Porch Features DeckPatio

Interior Features

Cooling Wall/Window Unit(S) Cooling YN Yes Heating Gas Heating YN Yes

Property Features

Association YN No Gross Income 4500 Net Operating Income 3078 Property Sub Type Multi Family Sewer Public Sewer Tax Annual Amount 4228 Tenant Pays ElectricityGas Utilities Separate Meters Water Source Public

Listing information © 2022 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Jeremy Emmert of Coldwell Banker Hedges.
© 2022 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: 2022-08-19T15:42:35.423.
 
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