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715 Ridge View Rd. Monticello IA 52310

IA, Monticello For sale MULTI-FAMILY Sold None Finished Dryer, Microwave, Range/Oven, Refrigerator, Washer
For saleMULTI-FAMILYIAMonticello52310715 Ridge View Rd., Monticello, IA, 52310
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  • MULTI-FAMILY
  • For sale

715 Ridge View Rd. Monticello IA 52310

715 Ridge View Rd., Monticello, IA, 52310
    $1,025,000
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    Basics

    • 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

    • 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

    Building Details

    • Basement: Finished
    • Parking: None

    Amenities & Features

    • Features:
      DryerMicrowaveRange/OvenRefrigeratorWasher
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    https://www.apartmentbrokersofiowa.com/wp-content/uploads/2025/09/202401498-513c6f0e-f9da-4577-babc-62830c8dadda.jpg 600 800 https://www.apartmentbrokersofiowa.com/wp-content/uploads/2024/05/ABILogo.png 2025-09-29 18:50:472025-09-29 18:50:47715 Ridge View Rd. Monticello IA 52310

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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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