$1,350,000
23.0 Units
MLS: 202405889
**Investment Property Available in Cedar Rapids** This multifamily complex comprises a total of 23 units: - 20 one-bedroom units - 1 two-bedroom unit - 1 three-bedroom unit - 1 efficiency unit Out of the 23 units, 10 have been fully remodeled within the past two years. The units occupied by long-term tenants remain untouched. The property is located in a great area with easy access.
MLS #: 202405889
Price: $1,350,000
Year Built: 1970
Income/Yr: $169,720.00
Expense/Yr: $0.00
Parking: Off Street
Basement: Slab
Total Sq Ft: 13248
Electric Expense: $3,000.00
Gas Annually: $0.00
Maint Expense: $6,000.00
Insurance Expense: $15,758.00
Gross Tax: $11,036.00
Units: 23.0
Laundry: Other
Energy Generation:
Heat/Cooling: Electric, Baseboard, Forced Air, Central Air
Elementary: Kenwood
Middle: Franklin
High: Washington
Information deemed reliable but not guaranteed
 | Edge Realty Group 319-351-3355 |
Listing Office: Lepic-Kroeger, REALTORS - Agent: Matthew Lepic - Information furnished by Iowa City Area Association of Realtors