Average square foot calculated using Size range provided by listing agent.
Description
Turnkey Triplex–Fully Renovated and Ready for Cash Flow! Don't miss this exceptional investment opportunity on the quiet SW side of Cedar Rapids! Clean and fully updated its ready for a new owner to start collecting income immediately. Recent renovations within the last 6 years include: new roof, siding, windows, paint, flooring, full kitchen and bathroom remodels, and updated mechanicals—all separated for tenant convenience. Each unit has its own electric meter, while the owner covers water. The building is currently vacant, allowing for easy showings and flexibility for owner-occupants or new tenant placements. Rental History: (2) One-bedroom units previously rented at $675 and $715 (1) Three-bedroom upper unit previously rented at $1, 040The property also features alley access, a detached garage, and low-maintenance exterior. This is a perfect addition to your rental portfolio or a great start for a first-time investor!Show Description
MLS® Number2504710
Laundry Level
Central VacNo
FireplaceNo
Acreage0.176
Exterior
GarageYes
Approx. Age1905
Basement
Driveway
Garage Spaces
HeatForced Air, Gas
A/CCentral Air
Heating Fuel
Extras
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