Investor Alert! Prime investment opportunity at 1507 2nd Ave SE, Cedar Rapids. This fully occupied multi-unit property features five units (3 efficiency and 3 one-bedroom), with a total of 3,641 sq ft. Gross income is $42,000 with $11,000 in expenses, resulting in a net operating income of $31,000.
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Sold for $100,000 on 09/30/24
$100,000
1507 2nd Ave SE, Cedar Rapids, IA 52403
--beds
--baths
3,641sqft
Multi Family
Built in 1900
-- sqft lot
$101,000 Zestimate®
$27/sqft
$980 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 30, 2024 at 01:29pm
Listed by:
Z Maryland 319-431-0382,
Pinnacle Realty LLC
Bought with:
Amber Pitt
Keller Williams Legacy Group
Source: CRAAR, CDRMLS,MLS#: 2403311
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsFacts & features
Interior
Features
- Basement: Full
Interior area
- Total interior livable area: 3,641 sqft
Property
Lot
- Size: 8,407 sqft
- Dimensions: 8,430
Details
- Parcel number: 142227901400000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Wood Siding
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Cedar Rapids
Other
Other facts
- Listing terms: Cash,Contract
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$101,000
2% more+$2,020
With Zillow Showcase(estimated)$103,020