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    720 NE E Ave Nw

    Cedar Rapids, IA 52405
    • $135,000
    • STATUS: Active
    • ON SITE: 32 Days
    • MLS #: 202105113
    Price Reduced
    UPDATED: 40 min ago
    $135,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    0
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Investment Income! Clean & well taken care of tri- plex with vinyl siding, newer roof, updated windows, and completely updated after 2008. 2/3 units are occupied. The large main floor (unit 1) offers 2 bed, 1 large bath/laundry room, open floor plan front to back, back porch that leads to the back patio and alley. Second floor (Unit 2) offers an efficiency w/ a full kitchen w/ new refridgerator, and large bath that leads to a large closet which is currently vacant. (Unit 3) has a 1 bed, 1 bath with an updated kitchen. All units offer separate electric and gas meters. One water heater is located on the main floor. This property is a great jump start for a beginner investor.

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    © 2021 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. Data last updated: 2021-10-16T13:25:39.443
    www.gwenjohnson.com/homes/121382058
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    720 NE E Ave Nw Cedar Rapids, IA 52405

    • Price: $135,000
    • Status: Active
    • Updated: 40 min ago
    • MLS #: 202105113
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1900
    Built
    Neighborhood:
    0
    County:
    Linn
    Area:
    Out Of Area
    Elementary School:
    Harrison
    Middle School:
    Roosevelt
    High School:
    Jefferson
    Property Description
    Investment Income! Clean & well taken care of tri- plex with vinyl siding, newer roof, updated windows, and completely updated after 2008. 2/3 units are occupied. The large main floor (unit 1) offers 2 bed, 1 large bath/laundry room, open floor plan front to back, back porch that leads to the back patio and alley. Second floor (Unit 2) offers an efficiency w/ a full kitchen w/ new refridgerator, and large bath that leads to a large closet which is currently vacant. (Unit 3) has a 1 bed, 1 bath with an updated kitchen. All units offer separate electric and gas meters. One water heater is located on the main floor. This property is a great jump start for a beginner investor.
    Exterior Features

    Construction Vinyl Parking Off StreetOver 1 SpaceStreet

    Interior Features

    Basement Full Cooling Window/Wall Units Elevators No Energy Related None Heating GasForced Air Laundry Other- See Remarks Number Fireplaces 0 Unit1 Number Full Baths 1 Unit1 Number Half Baths 0 Unit1 Number34 Baths 0 Unit1 Numberbedrooms 2 Unit2 Number Full Baths 1 Unit2 Number Half Baths 0 Unit2 Number34 Baths 0 Unit2 Numberbedrooms 0 Unit3 Number Full Baths 1 Unit3 Number Half Baths 0 Unit3 Number34 Baths 0 Unit3 Numberbedrooms 1 Unit4 Number Full Baths 0 Unit4 Number Half Baths 0 Unit4 Number34 Baths 0 Unit4 Numberbedrooms 0

    Property Features

    Amenities SidewalksStreet Lights Annual Assoc Fee 0 Annual Gross Expense 4719 Annual Gross Income 17820 Bank Owned NO Electric Annually 0 Gas Annually 0 Gross Taxcounty And City 3347 Insurance Annually 464 Internet Yes Lease Term Unit1 Years Lease Term Unit2 None Lease Term Unit3 Years Lease Term Unit4 None Lot Dimensions 40X140 Maintenance Annually 0 New Construction No Possible Finance CashConventional Rental Permit Yes Sale Lease For Sale Sqft Above 1848 Sqft Lower 0 Type Multi-Family Type Multi Family 2 StoriesOver 2 Stories Unit1 Dining Room Yes Unit1 Living Room Yes Unit1 Monthly Rent 740 Unit2 Dining Room No Unit2 Living Room Yes Unit2 Monthly Rent 385 Unit3 Dining Room No Unit3 Living Room Yes Unit3 Monthly Rent 400 Unit4 Dining Room No Unit4 Living Room No Unit4 Monthly Rent 0 Utilities Available Electricity Ind. MetersGas Ind. Meters Water Annually 0 Water Sewer City SewerCity Water Zoning 0

    Listing information © 2021 Iowa City Area Association of Realtors.
    Listing provided courtesy of Bonnie Tiernan of Iowa Realty, Inc. - Cr.



    © 2021 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. Data last updated: 2021-10-16T13:25:39.443
     
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