1541 5th Ave SE | Cedar Rapids, IA 52403
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This Multifamily Property is no longer advertised on LoopNet.com.
1541 5th Ave SE
Cedar Rapids, IA 52403
Multifamily Property For Sale
·
4 Units

INVESTMENT HIGHLIGHTS
- New roof in 2023
- New Plumbing line in 2022
- Value Add 4 plex
PROPERTY FACTS
| No. Units | 4 | Building Size | 3,360 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1961/2020 |
| Building Class | C | Parking Ratio | 1.19/1,000 SF |
| Lot Size | 0.13 AC | ||
| Zoning | RES 3+ - Residential 3+ | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,360 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1961/2020 |
| Parking Ratio | 1.19/1,000 SF |
| Zoning | RES 3+ - Residential 3+ |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Disposal
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
- Carpet
- Dining Room
- Window Coverings
SITE AMENITIES
- Laundry Facilities
- Recycling
- Trash Pickup - Curbside
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | $737.50 | 750 |
| 1+1 | 1 | $687.50 | 650 |
PROPERTY TAXES
| Parcel Number | 14223-05006-00000 | Improvements Assessment | $182,700 |
| Land Assessment | $12,600 | Total Assessment | $195,300 |
PROPERTY TAXES
Parcel Number
14223-05006-00000
Land Assessment
$12,600
Improvements Assessment
$182,700
Total Assessment
$195,300
Listing ID: 32958901
Date on Market: 8/26/2024
Last Updated:
Address: 1541 5th Ave SE, Cedar Rapids, IA 52403
The Wellington Heights Multifamily Property at 1541 5th Ave SE, Cedar Rapids, IA 52403 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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