1249 3rd Ave SE Cedar Rapids IA 52403
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1249 3rd Ave SE Cedar Rapids IA 52403
This investment property is a five-unit multifamily building (5-plex) consisting of five one-bedroom units. Two of the units are equipped with in-unit laundry, while the remaining three tenants have access to a common laundry area located in the basement. The property has a solid rental history, with consistent occupancy and reliable tenants. The last city inspection was completed in July 2024, ensuring compliance with local housing codes and regulations. Each unit pays their own electric. Owner pays trash, water and common area electric.
MLS#
2503728
Price
$230,000
Status
Active
Property Type
Residential
Property Subtype
Multi Family
Property Features
Lot Size:
0.129 Acres
Taxes
$1,820
Property Descriptions
Parcel#
142232600500000
Utilities
Separate Meters
Lot Dimensions:
0.129 Acres
Total Building Square Footage:
2,776 /SF
Sewer
Public Sewer
Water
Public
Listed By / Shown By
Agency Name:
Realty87
Agent Name:
Beth Mackey
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