366 7TH Avenue SW, Cedar Rapids, IA 52404
MLS Number: 2602134 |
Subtype: Residential | Area: SW Quadrant
$
175,000
Discover a compelling investment opportunity with this well-maintained 2-unit multifamily property—ideal for both seasoned investors and those looking to enter the real estate market. This asset offers a strong combination of immediate cash flow potential and long-term appreciation.
Each unit features a functional layout with 2 beds and 1 bath, with updates along the way. The property has been consistently occupied with long term tenants, offering reliable rental income with upside potential through rent optimization.
Property
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County: Linn
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Lot Size: 7815
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Acres: 0.1790
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Year Built: 1900
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Zoning: Res
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Gross tax: $1,910.00
Building
Total Building SF: 1,352
Utilities
Heating/Cooling: Forced Air Heat, Gas Heat, Central Air
Water Source: City Water
Sewer: City Sewer
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