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1516 C Ave Ne , A & B

Cedar Rapids, IA 52402
  • $235,000
  • STATUS: Active
  • ON SITE: 61 Days
  • MLS #: 202402086
UPDATED: 173 min ago
$235,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1935
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

2-unit turn-key duplex, excellent investment opportunity close to Mt. Mercy, Coe College, Mercy Hospital, Garfield Elementary, Fairfield Middle School, and Washington High School. Completely renovated from the studs out, new appliances, light fixtures, flooring, paint, plumbing, electrical, HVAC, separate water, gas, and electric meters, shared laundry in the LL, 4 parking spaces, and easy to show. Unit A (Main Level)- 2 bedrooms, living room, separate dining room, full kitchen, full bath, and access to the back yard and parking spaces. Leased for $950/mt. Unit B (Upper Level)- 3 bedroom, living room/dining room combo with open floor plan, full bath and extra storage. Leased for $1250/mt. Current Lease agreement 10/1/2023- 10/24/2024. ***Tenants maybe home when showing the property. Current Lease agreement for Unit B- 10/1/2023- 10/24/2024. ***Tenants maybe home when showing the property. Current Lease agreement for Unit A- 11/1/2023- 10/31/2024. ***Tenants maybe home when showing the property.

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© 2024 Iowa City Area Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team | Skogman Realty. Data last updated: 2024-06-19T00:26:06.897
www.gwenjohnson.com/homes/149325283
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1516 C Ave Ne , A & B Cedar Rapids, IA 52402

  • Price: $235,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 173 min ago
  • MLS #: 202402086
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1935
Built
Neighborhood:
Coe College
County:
Linn
Area:
Out Of Area
Elementary School:
Garfield
Middle School:
Franklin
High School:
Washington
Property Description
2-unit turn-key duplex, excellent investment opportunity close to Mt. Mercy, Coe College, Mercy Hospital, Garfield Elementary, Fairfield Middle School, and Washington High School. Completely renovated from the studs out, new appliances, light fixtures, flooring, paint, plumbing, electrical, HVAC, separate water, gas, and electric meters, shared laundry in the LL, 4 parking spaces, and easy to show. Unit A (Main Level)- 2 bedrooms, living room, separate dining room, full kitchen, full bath, and access to the back yard and parking spaces. Leased for $950/mt. Unit B (Upper Level)- 3 bedroom, living room/dining room combo with open floor plan, full bath and extra storage. Leased for $1250/mt. Current Lease agreement 10/1/2023- 10/24/2024. ***Tenants maybe home when showing the property. Current Lease agreement for Unit B- 10/1/2023- 10/24/2024. ***Tenants maybe home when showing the property. Current Lease agreement for Unit A- 11/1/2023- 10/31/2024. ***Tenants maybe home when showing the property.
Exterior Features

Architectural Style TwoStories Construction Materials OtherFrame Exterior Features Other Lot Features Level Lot Size Dimensions 140x26 Parking Features OffStreetOnStreet

Interior Features

Above Grade Finished Area 2295 Appliances DishwasherRangeOrOvenRefrigeratorDryerMicrowaveWasher Basement BlockFullUnfinished Bathrooms Total Integer 0 Below Grade Finished Area 0 Cooling CeilingFansCentralAir Fireplace Features None Flooring Vinyl Green Indoor Air Quality SmokeDetectors Heating NaturalGas Interior Features BreakfastAreaHighCeilingsEntranceFoyerOtherLivingRoomSeparate Laundry Features InBasement

Property Features

Association Fee Text 0 Auction Online Bid YN No Community Features PlaygroundSidewalksStreetLightsCloseToSchoolCloseToShopping Compensation Remarks 3% Electric Expense 0 Expiration Date 2024-10-12 Gas Annually 0 Green Verification YN No Gross Income 33000 Insurance Expense 0 Listing Terms CashConventional Maintenance Expense 0 New Construction YN No Operating Expense 0 Possession Negotiable Property Sub Type MultiFamily Renting Allowed YN Yes Tax Annual Amount 1611 Tax Year 2022 Utilities CitySewerCityWater Water Sewer Expense 0 Zoning Residential

Listing information © 2024 Iowa City Area Association of Realtors.
Listing provided courtesy of Rob Mccain of Urban Acres Real Estate: 800-746-9464.



© 2024 Iowa City Area Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team | Skogman Realty. Data last updated: 2024-06-19T00:26:06.897
 
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2530 Corridor Way
Coralville IA, 52241