809 17th Street SE, Cedar Rapids, IA 52403
MLS Number: 2503359 |
Subtype: Residential | Area: SE Quadrant
$
199,000
Great Investment Opportunity on the SE side of Cedar Rapids!
This well-maintained multifamily property features four fully leased units-three-1 bedroom units, and 1-3 bedroom unit. Each unit is individually metered for gas and electricity. Owner pays water/garbage/recycling, and common area heat and electric. A shared, coin-operated laundry is available in the basement for added tenant convenience.
Recent improvements included a full renovation of unit 4, featuring all new windows, doors, and refrigerator, Two other units have received minor updates including three new windows, and the wooden entry steps to the building have been rebuilt. Located near schools, parks, and public transit, this property offers reliable rental income, and long-term investment potential.
Property
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County: Linn
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Lot Size: 5481
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Acres: 0.1260
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Year Built: 1910
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Zoning: Resident
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Gross tax: $2,206.00
Building
Total Building SF: 2,299
Utilities
Utilities: Separate Meters
Heating/Cooling: Forced Air Heat, Wall/Window Unit(s)
Water Source: City Water
Sewer: City Sewer
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