111 Knisel, Riverside, IA 52327

Price: $300,000.00


Subtype: Multi-Family

Area: OT-W (West of I-380)

Lot Size: 26

Acres: 0.6000

Year Built: 1979

Zoning: Multi

Gross Tax: 3,170

County: Washington


Heating: Electricity Heat,Window/Wall Air

Cooling: Electricity Heat,Window/Wall Air


Total Building Sq Ft: 2,912

Lease Terms

Tenant Pays: Water, Electricity

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Windows replaced, new paint, new LVP flooring in unit 3, new carpet in hallway, new appliances in most units. Snow – $100/yr, lawn care – $200/month, water – $75/month. 12×16 shed with upper storage and lights. 3 newer water heaters, 3 newer refrigerators, four newer range/ovens. New gutters and steel roof. Drain tile was installed on the backside of the building to prevent heavy runoff into the building. Unit 1, 3, and 4 have leases ending on July 31st, 2022. There is additional gravel on-site to extend the parking area. Eight parking spaces – two per unit – are available for tenants. $70/month for dumpster through Johnson County Refuse. Mailbox or PO Box available for tenants. No pets are allowed in units.

***Two additional buildings can be built and added to the lot with a paved parking lot area.

Listing Agent: Nic Gulick Office: Keller Williams Legacy Group Data courtesy of Cedar Rapids Area Association of Realtors MLS