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
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