All units are under lease at $750/month to 7/25/27. An exceptional turn-key addition to your real estate portfolio. This fully leased, low-maintenance 4-plex in Cedar Rapids features four identical 2-bedroom, 1-bathroom units with a strong rental history. Over the last five years, the property has undergone extensive capital improvements, including new luxury vinyl plank (LVP) flooring across all units (fully upgraded in 1 unit; kitchens and baths in the remaining 3) and completely modernized heating and hot water boiler systems. Savvy investors will recognize immediate upside, as current rents sit noticeably below market rates. In a high-demand,...read more
Cooling
Central Air
Heating
Hot Water
Taxes
$4,377 Taxes
Water
Public
Year Built
Built in 1979
Property Type
Multi Unit - Multiple
Basement
Concrete
Cooling
Central Air
Exterior
Frame, Vinyl Siding
Heating
Hot Water
Laundry
Common Area
Lot Dimensions
7770 sf
Lot Size
0.18 Acres
Parcel#
1125457902100000
Parking
Parking Space(s)
Parking Notes
Parking Space(s)
Sewer
Public Sewer
Taxes
$4,377
Units
4
Water
Public
Year Built
1979