728 4th Avenue SE, Cedar Rapids, IA 52401
MLS Number: 2406902 |
Subtype: Residential | Area: SE Quadrant
$
160,000
FULLY LEASED 5 Unit property with one 1 Bed/1 Bath on the main level and 4 efficiency units with shared bathroom. Long term tenant in 1 Bedroom unit for $472.00. Efficiencies leased out at $395 per month. Gross rents for this building $2052.00. Boiler less than 2 years old. Recently painted and newer flooring. Metal roof. Shared laundry in adjacent building. Owner pays all utilities. Must be purchased with adjacent property 317 8th St SE, Cedar Rapids MLS #2406835 parcel 14214-80002-00000. 24 hour notice for the occupied unit.
Property
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County: Linn
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Lot Size: 3975
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Acres: 0.0910
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Year Built: 1900
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Zoning: R-3
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Gross tax: $1,760.00
Building
Total Building SF: 1,960
Utilities
Heating/Cooling: Forced Air Heat, Central Air
Water Source: City Water
Sewer: City Sewer
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