Introducing an extraordinary opportunity – a lucrative 6-unit apartment building located in Cedar Falls. This exceptional property generates an impressive $3,165 in monthly rental income, with just one unit currently vacant. Each unit comes equipped with central air and furnaces, and individual metering for electric and gas, providing convenience for both the landlord and tenants. For added income, the building boasts in-unit coin-operated laundry facilities. Moreover, its prime location within walking distance of the college and college hill businesses makes it highly desirable to potential tenants, ensuring easy and consistent rental occupancy. Don't miss out on this incredible money-making investment with a proven track record of profitability! Contact us now to seize this golden opportunity.
Sold for $249,000 on 08/21/23
$249,000
805 W Seerley Blvd, Cedar Falls, IA 50613
8beds
6baths
3,816sqft
Apartment
Built in 1890
-- sqft lot
$272,300 Zestimate®
$65/sqft
$1,055 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:
Deanna Wheeler, Gri, Cne, Crs, B28309000
RE/MAX Concepts - Cedar Falls
Source: Northeast Iowa Regional BOR,MLS#: 20233271
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
Cooling
- Central Air
Appliances
- Laundry: Lower Level
Features
- Basement: Stone/Rock
Interior area
- Total structure area: 3,816
- Total interior livable area: 3,816 sqft
- Finished area above ground: 1,408
- Finished area below ground: 300
Property
Parking
- Parking features: No Parking, None
Lot
- Size: 6,955 sqft
- Dimensions: 107x65
Details
- Parcel number: 891413351021
- Zoning: R-4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Slate
- Roof: Asphalt
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & neighborhood
Location
- Region: Cedar Falls