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2841 Cory Ct SW Cedar Rapids IA 52404

Cedar Rapids, IA For sale MULTI-FAMILY New 4 or More Cars Daylight Windows
For saleMULTI-FAMILYIACedar Rapids524042841 Cory Ct SW, Cedar Rapids, IA, 52404
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  • MULTI-FAMILY
  • For sale

2841 Cory Ct SW Cedar Rapids IA 52404

2841 Cory Ct SW, Cedar Rapids, IA, 52404
$315,000
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Basics

  • 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

  • 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

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Joanne M. Stevens

1005 Blairs Ferry RD, Ste 210
Cedar Rapids, IA 52402
Phone: (319) 378-6786
Fax: (515) 453-4484
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