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- LoopNet Team
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 | Building Size | 2,500 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Lot Size | 0.15 AC | Year Built/Renovated | 1900/2018 |
| Zoning | M | ||
| 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 |
LINKS
PROPERTY TAXES
| Parcel Number | 14222-11009-00000 | Improvements Assessment | $96,700 |
| Land Assessment | $31,900 | Total Assessment | $128,600 |
PROPERTY TAXES
Listing ID: 17082919
Date on Market: 8/31/2019
Last Updated:
Address: 1570 2nd Ave SE, Cedar Rapids, IA 52403
The Wellington Heights Multifamily Property at 1570 2nd 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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