Investment Opportunity! 4-plex with solid cash flow! Comprised of two 1-bedroom units and 2 two-bedroom units. This is an ideal investment opportunity for first time investor – Located on the SE side of Cedar Rapids, near the med quarter and adjacent to St Paul’s church. New roof and other updates since owner purchased in 2023. Spacious backyard with detailed garage that is rented out to tenants. On site laundry. Perfect for a new owner to take over and begin generating income from day one. One upstairs unit will remain vacant for a short time to allow for showings Property is being sold AS IS. Gross Income: $30,360. Expenses: $22,284. Net Operating Income: $8,076. Bottom floor rent: $650 & $580. Top Floor: $600 & $700. Owner pays gas (heat)/water/garbage/snow removal/lawn care. Tenant pays electricity. Sold As Is.