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1570 2nd Ave SE
Cedar Rapids, IA 52403
Fully Occupied! 15%+ Return Huge Cash Flows · Multifamily Property For Sale · 5 Units

INVESTMENT HIGHLIGHTS

  • Return
  • Full Occupancy
  • Cash Flow

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Lot Size 0.15 AC
Building Size 2,500 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1900/2018
Zoning M

AMENITIES

UNIT AMENITIES

  • Cable Ready
  • Refrigerator
  • Range
  • Carpet

ABOUT 1570 2ND AVE SE , CEDAR RAPIDS, IA 52403

Unbelievable cash flow. *Cash flow and return numbers are not warranted or guaranteed. The financials are current. Past performance does not guaranty future results. This is a great property that has fantastic financials and is in great condition and well maintained. New roof, newer heating system, exterior paint, units show great and well managed. Nice property. Financials are current and not proforma. Check out the video!

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 5 $550.00 500 - 650

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14222-11009-00000
Land Assessment
$31,900
Improvements Assessment
$96,700
Total Assessment
$128,600
  • Listing ID: 17082919

  • Date on Market: 8/31/2019

  • Last Updated:

  • Address: 1570 2nd Ave SE, Cedar Rapids, IA 52403

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