1211 5th Avenue SE , Cedar Rapids, IA 52403

Price: $120,000.00


Subtype: Multi-Family

Area: SE Quadrant

Lot Size: 30

Acres: 0.0000

Year Built: 1914

Zoning: Res

Gross Tax: 1,952

County: Linn


Heating: Forced Air,Gas Heat,Window/Wall Air

Cooling: Forced Air,Gas Heat,Window/Wall Air


Total Building Sq Ft: 1,856

Lease Terms

Tenant Pays: Electricity

PRICED TO SELL—INVESTOR ALERT!! 4-plex and $40K under market. 4-one-bedroom units with great rental history of being fully occupied. Many updates have been done throughout the building, plus a new roof. And for the right price the current investor would consider siding the property as well. Extra income from the laundry facilities on-site plus the garage that is leased separately. Lots of improvements to this up-and-coming area by Mercy Hospital.

Listing Agent: Jeremy Trenkamp Real Estate Team Office: COLDWELL BANKER HEDGES CORRIDOR Data courtesy of Cedar Rapids Area Association of Realtors MLS