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418 A Avenue NW Cedar Rapids, IA 52405 • Multi Unit - Multiple • Closed

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Description

Great income investment property. Check out this up/down duplex close to downtown. Lower unit(1 bedroom)rents for $625/mo upper unit(2 bedroom) rents for $675/mo. Lower tenant has been there for 15 yrs and upper tenant for 3 yrs. Tenants pay electric and gas and owner pays water/sewer/garbage. This is a Section 8 approved property with guaranteed rental income. Property has laundry in basement and a 2 stall divided garage at the back of the property. Great opportunity!

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Days on Market: 179
Fenced: Yes
Heating: Forced Air, Gas
Lot Size: 0.20 Acres
Taxes: $2,146
Year Built: 1890

General Information

Sqft: 1,384
County: Linn
High School: Jefferson
Listed By:
Mark Christianson Keller Williams Legacy Group

Amenities

Fence

Property Features

Exterior: Frame, Vinyl Siding
Laundry: Common Area, In Unit
Lot Dimensions: 40'x140'
Parcel#: 14291-07013-00000
Sewer: Public Sewer
Units: 2
Utilities: Separate Meters
Water: Public
Sold for 103000
Est. [rp estimate]/mo
1,384sqft
BEDS0 BATHS SQUARE FEET1,384 MLS#2501481
STATUSClosed PROPERTY TYPEMulti Unit - Multiple
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