Sold

1541 5th Ave SE Unit 1-4, Cedarrapids, IA 52403

Bath
1
Sqft
3,360

View property features, location on map, relevant school information and overview from seller's agent.

Listed byUrban Acres Real Estate
  • 2
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Overview

Investment Opportunity! This well-maintained 4-plex offers a fantastic opportunity for investors seeking steady rental income. Conveniently located in Southeast Cedar Rapids, this property is fully occupied with long-term tenants. The property features three 2 bed/1bath units, and one 1bed/1bath unit. Landlord pays water and gas, tenants pay electricity. New roof installed in 2023 and a new concrete walkway was completed in 2022. Don't mis this opportunity to own a sold multi-family investment!

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Number of bathrooms
1
Square feet
3,360
Year built
1961

Interior features

Basement
Yes

Utilities

Heating
Baseboard, Steam
Sewer
Public sewer
Water
Public

Estimated monthly costs

Electricity
$464
Insurance
$1,330

Taxes

Tax Annual Amount (2023)
$3,216

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Iowa City Area Association of Realtors MLS®#: 202500448 Last checked:

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