Incredible investor opportunity for an 8 plex in wonderful condition. Well kept with 8 Garages as well. 2 bedroom, 1 Bath units. 6 Units with a fireplace. Due to extended family illness' these units have not been actively managed for quite some time. 4 Units vacant. 3 Units on a month to month rent, and 1 unit on a 1 year lease. As such, this is a great opportunity for an investor to establish a rent base with wonderful profit potential. In addition, empty lot in rear of property perfect for another complex/parking or storage type of center. Listing at assessed value but value is in how well these has been kept.
Sold for $580,000 on 09/21/23
Street View
$580,000
76 Miller Ave SW, Cedar Rapids, IA 52404
--beds
0baths
7,084sqft
MultiFamily
Built in 1996
-- sqft lot
$643,200 Zestimate®
$82/sqft
$1,629 Estimated rent
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$643,200
2% more+ $12,864
With Zillow Showcase(estimated)
$656,064