This investment property is a five-unit multifamily building (5-plex) consisting of five one-bedroom units. Two of the units are equipped with in-unit laundry, while the remaining three tenants have access to a common laundry area located in the basement. The property has a solid rental history, with consistent occupancy and reliable tenants. The last city inspection was completed in July 2024, ensuring compliance with local housing codes and regulations. Each unit pays their own electric. Owner pays trash, water and common area electric.
This investment property is a five-unit multifamily building (5-plex) consisting of five one-bedroom units. Two of the units are equipped with in-unit laundry, while the remaining three tenants have access to a common laundry area located in the basement. The property has a solid rental history, with consistent occupancy and reliable tenants. The last city inspection was completed in July 2024, ensuring compliance with local housing codes and regulations. Each unit pays their own electric. Owner pays trash, water and common area electric.
1249 3rd Ave Se, Cedar Rapids, Iowa 52403
1249 3rd Ave Se, Cedar Rapids, Iowa 52403
- Lot Area: 0.13 Acre

Q4 Agents

JASON ROGERS
Broker
1950 Boyson Road Hiawatha, Iowa 52233

CRAIG BYERS
Realtor, CCIM
1950 Boyson Road Hiawatha, Iowa 52233

AUSTIN GEASLAND
Realtor
1950 Boyson Road Hiawatha, Iowa 52233