Acquire a well-maintained, fully leased 4-unit multifamily investment property. Each unit offers 2 bedrooms and 1 bathroom. Numerous significant capital improvements have been completed within the last 5 years, including a new roof, foundation improvements, HVAC units, a complete remodel of Unit 1, plus additional improvements. New gutters and common-area carpet are scheduled to be installed this month. The property offers additional income potential, with current rents below estimated market rates. With limited 4-plex inventory currently available in the Cedar Rapids market, this is an opportunity for an investor looking to add a stabilized...read more
Heating
Electric, Central, Forced Air, Steam/Hotwater
Taxes
$4,546 Taxes
Year Built
Built in 1981
Property Type
Multi Unit - Multiple
Basement
Daylight Windows
Construction
Frame
Days on Site
9
Exterior
Frame
Heating
Electric, Central, Forced Air, Steam/Hotwater
Parking
4 or More Cars
Taxes
$4,546
Units
4
Water/ Sewer
City Sewer, City Water
Year Built
1981