715 Ridge View Rd. Monticello IA 52310
715 Ridge View Rd. Monticello IA 52310
715 Ridge View Rd., Monticello, IA, 52310Basics
- Date added: Added 6 days ago
- Type: MULTI-FAMILY
- Status: Sold
- DOM: 144
- Subdivision: uk
- Year built: 1972
- Water/Sewer: City Sewer,City Water
- Heating/Cooling: Window/Wall Units,Electric,Baseboard,Radiant
- Units Total: 18
- Address: 715 Ridge View Rd., Monticello, IA, 52310
- MLS ID: 202401498
Description
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Description:
An 18-unit multi-family apartment complex is available for purchase. The building comprises 14 two-bedroom units and four one-bedroom units. The property offers several opportunities to add value for a new owner. Rents have been increasing steadily, and there is still ample room for further growth. Six detached garages are available to tenants who require covered parking. Additionally, there is a large vacant lot next to the building that can accommodate another 12 units. The property features a metal roof and newer utilities. A brand-new laundry facility was recently installed, and the lower level has plenty of storage space available for the owner to rent out.
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Location
- Directions: Heading north on Highway 151 from Cedar Rapids, take exit 63 for US-151 BUS/Amber Rd. Turn left onto US-151 BUS N/S Main St for 1.1 miles.
- County: Jones
Amenities & Features
- Features: