Rare opportunity to acquire a well-maintained, fully leased 4-unit multifamily investment property with each unit offering 2 bedrooms and 1 bathroom. Numerous significant capital improvements have been completed within the last five years, including a new roof, foundation improvements, HVAC units, a complete remodel of Unit 1, and additional property improvements. New gutters and common-area carpet are also scheduled to be installed this month. The property offers additional income potential, with current rents below estimated market rates and room for future increases. With limited 4-plex inventory currently available in the Cedar Rapids...read more
Cooling
Central Air
Heating
Electric, Hot Water
Taxes
$4,546 Taxes
Water
Public
Year Built
Built in 1981
Property Type
Multi Unit - Multiple
Basement
Yes
Basement
Full
Cooling
Central Air
Days on Site
22
Exterior
Brick, Frame, Vinyl Siding
Heating
Electric, Hot Water
Laundry
Common Area
Lot Dimensions
.206 Ac
Lot Size
0.21 Acres
Parcel#
14333-53018-00000
Parking
Parking Space(s)
Parking Notes
Parking Space(s)
Sewer
Public Sewer
Taxes
$4,546
Units
4
Utilities
Separate Meters
Water
Public
Year Built
1981