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728 4th Avenue SE

Cedar Rapids, IA 52401
  • $160,000
  • STATUS: Active
  • ON SITE: 69 Days
  • MLS #: 2406902
UPDATED: 34 min ago
$160,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,960
    SQFT
  • $82
    $/SQFT
Neighborhood:
SE Quadrant
Type:
Multi-Family
Built:
1900
County:
Linn
Area:
SE Quadrant

School Information

Elementary School:
Grant Wood
Middle School:
Mckinley
High School:
Washington
School Ratings & Info

Description

FULLY LEASED 5 Unit property with one 1 Bed/1 Bath on the main level and 4 efficiency units with shared bathroom. Long term tenant in 1 Bedroom unit for $472.00. Efficiencies leased out at $395 per month. Gross rents for this building $2052.00. Boiler less than 2 years old. Recently painted and newer flooring. Metal roof. Shared laundry in adjacent building. Owner pays all utilities. Must be purchased with adjacent property 317 8th St SE, Cedar Rapids MLS #2406835 parcel 14214-80002-00000. 24 hour notice for the occupied unit.

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© 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: 2024-12-12T12:42:38.587.
www.cedarrapidsareahomes.com/homes/156270288
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728 4th Avenue SE Cedar Rapids, IA 52401

  • Price: $160,000
  • Status: Active
  • On Site: 69 Days
  • Updated: 34 min ago
  • MLS #: 2406902
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1,960
SQFT
$82
$/SQFT
1900
Built
Neighborhood:
SE Quadrant
County:
Linn
Area:
SE Quadrant
Elementary School:
Grant Wood
Middle School:
Mckinley
High School:
Washington
Property Description
FULLY LEASED 5 Unit property with one 1 Bed/1 Bath on the main level and 4 efficiency units with shared bathroom. Long term tenant in 1 Bedroom unit for $472.00. Efficiencies leased out at $395 per month. Gross rents for this building $2052.00. Boiler less than 2 years old. Recently painted and newer flooring. Metal roof. Shared laundry in adjacent building. Owner pays all utilities. Must be purchased with adjacent property 317 8th St SE, Cedar Rapids MLS #2406835 parcel 14214-80002-00000. 24 hour notice for the occupied unit.
Exterior Features

Construction Materials Frame Stone Parking Features Parking Space(s) Parking Total 2

Interior Features

Basement See Remarks Cooling Central Air Cooling YN Yes Heating Forced Air Heating YN Yes

Property Features

Association YN No Gross Income 24624 Listing Terms Cash Conventional Net Operating Income 13382 Operating Expense 11242 Owner Pays Electricity Gas Water Possession Immediately Property Sub Type Multi Family Property Sub Type Additional Multi Family Sewer Public Sewer Tax Annual Amount 1760 Water Source Public Zoning R-3 Zoning Description R-3

Listing information © 2024 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Bryant Nicholson of Pinnacle Realty LLC: 319-393-0900.
© 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: 2024-12-12T12:42:38.587.
 
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