Outstanding Duplex in Prime Cedar Rapids location. This turnkey property features one upper/lower unit, each offering a functional layout of 2 bedrooms and 1 bathroom (for a total of 4 bedrooms and 2 bathrooms). This high-yield property features a perfect mix: an unfurnished upper unit ideal for stable, long-term tenants, paired with a fully furnished lower unit, including in-unit washer and dryer (minus one bedroom). Optimized to capture premium rates from traveling tradespeople and professionals. The upper unit currently rents for $1020.00 per month and the lower furnished unit currently rents to one tenant for $1700.00 per month. These well-maintained duplexes have a strong rental history, consistent demand, immediate cash flow & are a solid asset. Incredible Cedar Rapids location near shopping, restaurants, Hy-Vee, major employers; quick access to I-380. Each unit comes with a 1 car garage space.Tenant-occupied; interior photos taken prior to current tenancy. Reach out today for financial details or a showing!
Outstanding Duplex in Prime Cedar Rapids location. This turnkey property features one upper/lower unit, each offering a functional layout of 2 bedrooms and 1 bathroom (for a total of 4 bedrooms and 2 bathrooms). This high-yield property features a perfect mix: an unfurnished upper unit ideal for stable, long-term tenants, paired with a fully furnished lower unit, including in-unit washer and dryer (minus one bedroom). Optimized to capture premium rates from traveling tradespeople and professionals. The upper unit currently rents for $1020.00 per month and the lower furnished unit currently rents to one tenant for $1700.00 per month. These well-maintained duplexes have a strong rental history, consistent demand, immediate cash flow & are a solid asset. Incredible Cedar Rapids location near shopping, restaurants, Hy-Vee, major employers; quick access to I-380. Each unit comes with a 1 car garage space.Tenant-occupied; interior photos taken prior to current tenancy. Reach out today for financial details or a showing!
3-5 27th Avenue Sw, Cedar Rapids, Iowa 52404
3-5 27th Avenue Sw, Cedar Rapids, Iowa 52404
- Lot Area: 0.31 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