$249,900 - 2072 Sq Ft - 5 bed 3 bath - MLS: 202502308
This property is an incredible opportunity for any kind of investor. Two rental houses on one property. Double your rental income monthly. This very unique opportunity in the Cedar Rapids metro area. both dwellings have been COMPLETELY UPDATED!!. The property consists of a single family home (front of property) with three bedrooms and two bathrooms and an accessory dwelling unit (ADU) with two bedrooms and one bathroom (rear of property). There are two garages, both consisting of separate individual parking spaces. The opportunities are endless with the possibility of owner occupying one structure and leasing the other either on a short term basis or longer term, lease both structures, or use one as a work from home space. There is plenty of parking space.The property taxes you see are the total taxes of the two properties combined (information provided from city assessor site). The city recently combined the following two parcels into one new parcel to include all four structures: 143330100300000 (263 Wilson Ave) and 143330100400000 (265 Wilson Ave) are the parcel numbers showing on the assessor's site currently. The new parcel parcel number is 143330102300000. Utilities are separate for each house structure, and the mailing address the utility company uses are 263 Wilson for front house and 265 Wilson for the ADU.
MLS #: 202502308
Price: $249,900
Year Built: 1895
Bedrooms: 5
- Upper: 4.0
- Main: 1.0
- Lower: 0.0
Total Baths: 3
- Upper Half: 0.0 ▪ Full: 2.0
- Main: Half: 0.0 ▪ Full: 1.0
- Lower: Half: 0.0 ▪ Full: 0.0
Building Style: Two Stories
Basement: Block, Full, Unfinished
Total Sq Ft: 2072
Above Ground: 2072
Finished Lower: 0
Lot Size: Irregular
Fireplaces:
Parking: Detached Carport
Kitchen: Main Level
Dining Room: Main Level
Living Room: Main Level
Primary Bedroom: Upper Level
Family Room: Main Level
Heat/Cooling: Natural Gas, Forced Air, Central Air
Elementary: Grant Wood
Middle: Wilson
High: Jefferson
Information deemed reliable but not guaranteed
 | Edge Realty Group 319-351-3355 |
Listing Office: Skogman Realty Co. - Agent: Brad Oppedahl - Information furnished by Iowa City Area Association of Realtors