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702 9th St SW, Cedar Rapids, IA 52404

Sqft
2,303

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

Listed byRealty87
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Overview

Turnkey Triplex–Fully Renovated and Ready for Cash Flow! Don't miss this exceptional investment opportunity on the quiet SW side of Cedar Rapids! Clean and fully updated its ready for a new owner to start collecting income immediately. Recent renovations within the last 6 years include: new roof, siding, windows, paint, flooring, full kitchen and bathroom remodels, and updated mechanicals—all separated for tenant convenience. Each unit has its own electric meter, while the owner covers water. The building is currently vacant, allowing for easy showings and flexibility for owner-occupants or new tenant placements. Rental History: (2) One-bedroom units previously rented at $675 and $715 (1) Three-bedroom upper unit previously rented at $1,040The property also features alley access, a detached garage, and low-maintenance exterior. This is a perfect addition to your rental portfolio or a great start for a first-time investor!

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
2,303
Lot size (acres)
0.18
Year built
1905

Utilities

Heating
Natural gas, Forced air
Cooling
Central air
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount
$2,880

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: Cedar Rapids Area Association of REALTORS MLS®#: 2504710 Last checked:

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.