2841 Cory Ct SW Cedar Rapids IA 52404
2841 Cory Ct SW Cedar Rapids IA 52404
2841 Cory Ct SW, Cedar Rapids, IA, 52404Basics
- Date added: Added 2 weeks ago
- Type: MULTI-FAMILY
- Status: New
- DOM: 6
- Subdivision: 0
- Year built: 1981
- Water/Sewer: City Sewer,City Water
- Heating/Cooling: Electric,Central,Forced Air,Steam/Hotwater
- Units Total: 4
- Address: 2841 Cory Ct SW, Cedar Rapids, IA, 52404
- MLS ID: 202605236
Description
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Description:
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 multifamily asset to their portfolio. Contact LA for additional details regarding improvements, leases, and financials.
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Location
- Directions: From I380, take Wilson Ave exit, turn south on 6th Street SW, then east on 28th Ave SW. Turn onto Cory Ct. and the 4plex is on your left.
- County: Linn
Building Details
- Basement: Daylight Windows
- Parking: 4 or More Cars


