2841 Cory Court Sw
Cedar Rapids, IA 52404

$315,000

  • 3,492
    Square Feet

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 market, this is an excellent opportunity for an investor looking to add a stabilized multifamily asset with substantial recent improvements to their portfolio. Interior photos coming soon. Contact Listing Agent for additional details regarding improvements, leases, and financials.

Property Highlights

  • Cooling

    Central Air

  • Heating

    Electric, Hot Water

  • Taxes

    $4,546 Taxes

  • Water

    Public

  • Year Built

    Built in 1981

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Contact the Listing Agent