< BACK TO LIST

720 E Avenue NW, Cedar Rapids, IA 52405

Price: $135,000.00

Property

Subtype: Multi-Family

Area: NW Quadrant

Lot Size: 40

Acres: 0.1290

Year Built: 1900

Zoning: Res

Gross Tax: 3,347

County: Linn

Utilities

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

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

Building

Total Building Sq Ft: 1,848

Lease Terms

Tenant Pays: Electricity, Gas


IDX information is provided exclusively for customers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which consumers may have an interest. The data provided is deemed reliable but is not guaranteed accurate by the MLS, GLD Commercial and/or its affiliates.

Investment Income! Clean & well taken care of tri- plex with vinyl siding, newer roof, updated windows, and completely updated after 2008. 2/3 units are occupied. The large main floor (unit 1) offers 2 bed, 1 large bath/laundry room, open floor plan front to back, back porch that leads to the back patio and alley. Second floor (Unit 2) offers an efficiency w/ a full kitchen w/ new refrigerator, and large ¾ bath that leads to a large closet which is currently vacant. (Unit 3) has a 1 bed, 1 bath with an updated kitchen. All units offer separate electric and gas meters. One water heater is located on the main floor. This property is a great jump start for a beginner investor.

Listing Agent: Jessica Tiernan Office: IOWA REALTY Data courtesy of Cedar Rapids Area Association of Realtors MLS