3918 21st Avenue Place SW, Cedar Rapids, IA 52404
MLS Number: 2508876 |
Subtype: Residential | Area: SW Quadrant
$
292,500
Well-maintained 4-unit multifamily property located in SW Cedar Rapids. Each unit offers 2 bedrooms and 1 bathroom in an upper/lower layout. All leases are currently month-to-month. The owner pays water, gas, and a portion of dumpster service; tenants are responsible for electric.
Property improvements include a new boiler, new siding and gutters, two new patio doors, replacement of most windows (all but three), and updated flooring in two of the four units. A coin-operated washer and dryer are available on site for added convenience. This income-producing property presents an excellent opportunity for investors seeking a well-cared-for rental in a low-inventory market.
Property
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County: Linn
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Lot Size: 9504
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Acres: 0.2180
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Year Built: 1981
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Zoning: TMU
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Gross tax: $4,748.00
Building
Total Building SF: 3,560
Utilities
Utilities: Separate Meters
Heating/Cooling: Gas Heat, Hot Water Heat, Wall/Window Unit(s)
Water Source: City Water
Sewer: City Sewer
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