This triplex presents a golden chance to enter the real estate market and make smart financial gains. With two units vacant, possible to reside in one while generating rental income from the others. Situated within walking distance of the campus, this property boasts a strategic location that appeals to both students and all who want to be near the vibrancy of campus life. While some renovation might be needed, your efforts will be an investment in building equity. Whether you're aiming for a steady stream of rental income or long-term appreciation, this triplex offers a versatile and profitable path to achieving your real estate goals. Don't wait to seize this chance to start your real estate portfolio.
Sold for $225,000 on 09/19/23
$225,000
2704 College St, Cedar Falls, IA 50613
9beds
--baths
2,457sqft
Triplex
Built in 1920
-- sqft lot
$269,500 Zestimate®
$92/sqft
$1,314 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 05, 2024 at 01:17pm
Listed by:
Jared Hottle 319-288-5382,
Inspired Real Estate
Bought with:
Jordan Porter, B66586
Inspired Real Estate
Source: Northeast Iowa Regional BOR,MLS#: 20233608
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
Cooling
- Central Air
Appliances
- Laundry: Laundry Closet
Features
- Basement: Block
Interior area
- Total structure area: 2,457
- Total interior livable area: 2,457 sqft
- Finished area above ground: 819
- Finished area below ground: 819
Property
Parking
- Total spaces: 5
- Parking features: Parking Space, Detached
- Uncovered spaces: 5
Lot
- Size: 8,906 sqft
- Dimensions: 73x122x136x73
Details
- Parcel number: 891424101020
- Zoning: R-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Wood Siding
- Roof: Flat,Asphalt
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters
Community & neighborhood
Location
- Region: Cedar Falls