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1627 2nd Avenue SE , Cedar Rapids, IA 52403

Price: $499,000.00

Property

Subtype: Multi-Family

Area: SE Quadrant

Lot Size: 0

Acres: 0.1290

Year Built: 1900

Zoning: TRF

Gross Tax: 2,390

County: Linn

Utilities

Heating: Gas Heat

Cooling: Gas Heat

Building

Total Building Sq Ft: 3,680

Lease Terms

Tenant Pays: Electricity, Gas

**This property is being sold as a portfolio and includes 1635 B Ave NE (14222-03011-00000) and 630/632 6th Ave, Marion (14011-16004-00000). List price includes all 3 properties.** Properties are being sold “As Is”. Buyers can do inspections for their own information only. Three (2-bedroom) and one (3-bedroom) with 4 off street parking spaces. Property had a new roof put on in 2019 and water heater replaced in 2019. The property will be getting new soffit and gutters from storm damage. Rents are as follows: Unit 1 ($575), Unit 2 ($575), Unit 3 ($675), Unit4 ($587). Landlord pays water and trash, Tenants pay gas and electric. Property is due for inspection 3/9/2024.

Listing Agent: Angie Glick Office: GLD COMMERCIAL Data courtesy of Cedar Rapids Area Association of Realtors MLS