Properties

PROPERTY DETAILS
Property Description :

Very well performing 6plex. App/Bluetooth paid common area laundry on a 50/50 split lease. Washer and Dryer unit was new as of a year ago for new lease. Flexibility to make these airbnb or short term rental units. Largest kitchen units I have seen provided for rentals, tenants have all loved that. Tenants have only moved out to buy a house during ownership leaving very well performing occupancy rate. Tenants pay gas, electricity, internet, and washer/dryer. Owner pays common area electric, water heater gas and water/sewer. Reach out for financials if interested/ breakdown on building setup.

Property Type : Residential
Listing ID : 2404854
Listing Type : For Sale
Price : $500,000
Year Built : 1975
Lot Area : 0.22 Acre
Property Type : Multi Family
Zoning : TRF
Area : SW Quadrant
Possession : Negotiable
Price/SqFt : $0.00
Property Description

Very well performing 6plex. App/Bluetooth paid common area laundry on a 50/50 split lease. Washer and Dryer unit was new as of a year ago for new lease. Flexibility to make these airbnb or short term rental units. Largest kitchen units I have seen provided for rentals, tenants have all loved that. Tenants have only moved out to buy a house during ownership leaving very well performing occupancy rate. Tenants pay gas, electricity, internet, and washer/dryer. Owner pays common area electric, water heater gas and water/sewer. Reach out for financials if interested/ breakdown on building setup.

Address Map
US
IA
Linn
Cedar Rapids
52404
3rd st sw
1119
0
More Information
No
CBURR
Burrington Real Estate
Slab
Taylor
Jefferson
Wilson
No
Public Sewer
0
$0
$0
6
0
0
take a right onto 3rd st sw
No
No
No
9600
0
0
No
TRF
$6,459
$0
MC CLENAHAN & BUCHANAN'S STR/LB 7 1
0
: Electricity , Gas
No
0
0
No
No
: Public
: Electricity , Water , Gas
0
0
0
0 Sqft
1119 3rd st sw

1119 3rd st sw

1119 3rd st sw, Cedar Rapids, IA 52404

  • Lot Area: 0.22 Acre
List Price: $500,000.00
Listing ID#2404854
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Q4 Agents

JASON ROGERS

Broker

1950 Boyson Road Hiawatha, Iowa 52233

Contact Jason Rogers:

319-361-3958 jrogers@Q4realestate.com

CRAIG BYERS

Realtor, CCIM

1950 Boyson Road Hiawatha, Iowa 52233

Contact Craig Byers:

319-360-7017 cbyers@Q4realestate.com

AUSTIN GEASLAND

Realtor

1950 Boyson Road Hiawatha, Iowa 52233

Contact Austin Geasland:

319-893-3279 ageasland@Q4realestate.com

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Agent info

Listing Agent: Tim Lehman

Office: Edge Realty Group, Inc

Data courtesy of Cedar Rapids Area Association of Realtors MLS

Get More Information

Contact Agent

Listing Agent: Tim Lehman

Office: Edge Realty Group, Inc

Data courtesy of Cedar Rapids Area Association of Realtors MLS