1541 5th Ave SE Cedar Rapids IA 52403
1541 5th Ave SE Cedar Rapids IA 52403
1541 5th Ave SE, Cedar Rapids, IA, 52403
$225,000
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Basics
- Date added: Added 6 months ago
- Type: MULTI-FAMILY
- Status: Sold
- DOM: 33
- Subdivision: Wellington Heights
- Year built: 1961
- Water/Sewer: City Sewer,City Water
- Heating/Cooling: Baseboard,Steam/Hotwater
- Unit #: 1-4
- Units Total: 4
- Address: 1541 5th Ave SE, Cedar Rapids, IA, 52403
- MLS ID: 202500448
Description
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Description:
Investment Opportunity! This well-maintained 4-plex offers a fantastic opportunity for investors seeking steady rental income. Conveniently located in Southeast Cedar Rapids, this property is fully occupied with long-term tenants. The property features three 2 bed/1bath units, and one 1bed/1bath unit. Landlord pays water and gas, tenants pay electricity. New roof installed in 2023 and a new concrete walkway was completed in 2022. Don't mis this opportunity to own a sold multi-family investment!
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Location
- Directions: From First Ave SE, turn south onto 15th St SE, turn east onto 5th Ave SE, building will be on your right.
- County: Linn
Building Details
- Basement: Poured Concrete
- Parking: 4 or More Cars
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