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1539 E Avenue NE, Cedar Rapids, IA 52402

MLS Number: 2403994   |   Subtype: Residential   |   Area: NE Quadrant
$ 45,000
Looking for a project that actually makes sense, this is it. Inspections are for the buyer’s purposes only. Being sold “as is”. This is an upper and lower duplex on a lot that will allow an ADU to be added making it a triplex or fourplex if desired. More details for plans for this within the documents section or feel free to reach out to the listing agent. It’s already passed by the city. Both units are currently 2 bedroom, 1 bath with private entrances. The upper unit could be a 3 bedroom if the third floor room is finished which has a full staircase with the correct headroom off the living room area. Basement is unfinished and has access from the 1st floor unit. This is a project property. Only cash or commercial in house conventional financing is going to work. All highest and best offers are due by 6/24/2024 at 5pm with a response by 6/25/2024 by 12pm. Seller reserves the right to reject all offers.

Property

  • County: Linn
  • Lot Size: 60x140
  • Acres: 0.1900
  • Year Built: 1898
  • Zoning: Res
  • Gross tax: $600.00

Building

Total Building SF: 1,810

Utilities

Water Source: City Water
Sewer: City Sewer

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