2135 Blairs Ferry Road NE

    Cedar Rapids, IA 52402
    • $525,000
    • STATUS: Active
    • ON SITE: 57 days
    • MLS #: 1904720
    $525,000
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,187
      SQFT
    • $64
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Fully remodeled 12-plex with 4 brand new units and 8 remodeled units featuring new carpet, paint, and trim. Gross income represents projected income once fully occupied. All units are currently vacant. The buyer can have the option to pre-lease the building prior to closing. Great opportunity for a move-in ready investment property with the ability to qualify your own tenants. Separate electric meters.

    Monthly Payment Calculator

    © 2019 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 The Graf Home Selling Team & Associates. Data last updated: 2019-08-21T23:42:36.16.
    www.cedarrapidsareahomes.com/homes/96280314

    2135 Blairs Ferry Road NE Cedar Rapids, IA 52402

    • Price: $525,000
    • Status: Active
    • MLS #: 1904720
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    8,187
    SQFT
    $64
    $/SQFT
    1965
    Built
    Neighborhood:
    NE Quadrant
    County:
    Linn
    Area:
    NE Quadrant
    Elementary School:
    Wright
    Middle School:
    Harding
    High School:
    Kennedy
    Property Description
    Fully remodeled 12-plex with 4 brand new units and 8 remodeled units featuring new carpet, paint, and trim. Gross income represents projected income once fully occupied. All units are currently vacant. The buyer can have the option to pre-lease the building prior to closing. Great opportunity for a move-in ready investment property with the ability to qualify your own tenants. Separate electric meters.
    Exterior Features

    Construction Methods Frame Exterior Partial BrickVinyl Lot Size Irregular Number Parking Spaces 12

    Interior Features

    Heating Cooling Hot Water Heat Number One Bedroom Units 12

    Property Features

    Condo Co Op YN No Expense Info Owner Provided Gross Income 85680 Gross Tax 8994 Miscellaneous Common Laundry-Owned Net Tax 8994 Owner Pays WaterElectricityGas Possession Negotiable Property Sub Types 5+ Units Restricted Listing No Style St Flat/ApartmentUpper/Lower Terms CashConventional Water Sewer Roads City SewerCity Water

    Listing information © 2019 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
    Listing provided courtesy of Stefan Doerrfeld of Coldwell Banker Hedges Corridor.
    © 2019 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 The Graf Home Selling Team & Associates. Data last updated: 2019-08-21T23:42:36.16.
     
    The Graf Home Selling Team & Associates
    1190 Twixt Town Rd NE
    Cedar Rapids IA, 52402