$100,000
$128,000
21.9%For more information regarding the value of a property, please contact us for a free consultation.
1507 2nd SE Cedar Rapids, IA 52403
3,641 SqFt
Key Details
Sold Price $100,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,641 sqft
Price per Sqft $27
MLS Listing ID 2403311
Sold Date 09/30/24
HOA Y/N No
Total Fin. Sqft 3641
Year Built 1900
Annual Tax Amount $2,170
Lot Size 8,407 Sqft
Acres 0.193
Property Sub-Type Multi Family
Property Description
Investor Alert! Prime investment opportunity at 1507 2nd Ave SE, Cedar Rapids. This fully occupied multi-unit property features five units (3 efficiency and 3 one-bedroom), with a total of 3,641 sq ft. Gross income is $42,000 with $11,000 in expenses, resulting in a net operating income of $31,000.
Showings for pre-approved buyers only with 48-hour notice. Schedule your viewing today!
Location
State IA
County Linn
Area Se Quadrant
Rooms
Basement Full
Interior
Interior Features InteriorFeatures
Fireplace No
Building
Structure Type Frame,Wood Siding
Schools
Elementary Schools Johnson
Middle Schools Mckinley
High Schools Washington
Others
Tax ID 142227901400000
Acceptable Financing Cash, Contract
Listing Terms Cash, Contract
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Keller Williams Legacy Group