$879,000 Price Analysis    ♡   Cedar Rapids, IA 52404 16 bed None bath 3,805 SqFt ($231/SqFt) 0.46 acre lot. Built 1973 Listed 2024-02-21 | Ⓧ USDA Ineligible due to price & location near Cedar Rapids |
Nice SW 10 plex on Wilson Ave SW near Westdale.
6 - 2 bedroom and 4 - 1 bedroom. 10 garages. Kitchens complete with stoves, referigators and dishwashers. Two laundry rooms each with a coin operated washer and dryer , appliances owned by seller.
Units are all rented. Good rental history. Boiler is 5 years old. Each unit has window/wall air conditin unit s. Atttached to this listing is detailed income and expense information.
Presented by Diona Carpenter at
Skogman Realty - Downtown.
Property MLS #2401160 from CedarRapids
Bedrooms: 16
Hot Water Heat
Window/Wall Air
Window/Wall Air
Basement Description: Slab
Partial Brick
Vinyl
Vinyl
Lot Size Acres: 0.457
Lot Size Dimensions: .457 Acre
Lot Size Square Feet: 19907
Lot Size Dimensions: .457 Acre
Lot Size Square Feet: 19907
Parking Total: 14
Elementary School: Van Buren
High School: Jefferson
Middle School: Wilson
High School: Jefferson
Middle School: Wilson
Van Buren Elementary School is a public elementary school located approximately 0.3 miles away.
Map directions
Map directionsThomas Jefferson High School is a public high school located approximately 0.9 miles away.
Map directions
Map directionsWilson Middle School is a public middle school located approximately 2.4 miles away.
Map directions
Map directionsSt. Jude Elementary School is a private elementary school located approximately 0.8 miles away.
Map directions
Map directionsGross Income: 86280
Tenant Pays: Electricity
Tenant Pays: Electricity
Number of Units: 10
Number of 1 Bedroom Units: 4
Number of 2 Bedroom Units: 6
Number of 1 Bedroom Units: 4
Number of 2 Bedroom Units: 6
Common Laundry-Owned
Garage
Parking Spaces
Sep. Meter Electric
Annual Tax Amount: 9792
Source Listing Status: Active
County: Linn
Directions: On Wilson Ave SW
Source Property Type: Multi-Family
Area: SW Quadrant
Source Neighborhood: SW Quadrant
Owner Pays: Water, Gas
Parcel Number: 143125300600000
Postal City: Cedar Rapids
Property Subtype: 5+ Units
Source System Name: C2C
Garage
Parking Spaces
Sep. Meter Electric
Annual Tax Amount: 9792
Source Listing Status: Active
County: Linn
Directions: On Wilson Ave SW
Source Property Type: Multi-Family
Area: SW Quadrant
Source Neighborhood: SW Quadrant
Owner Pays: Water, Gas
Parcel Number: 143125300600000
Postal City: Cedar Rapids
Property Subtype: 5+ Units
Source System Name: C2C
Price Changed 2024-04-29
$879,000
CedarRapids
Listed 2024-02-21
$900,000
CedarRapids
$879,000
CedarRapids
Listed 2024-02-21
$900,000
CedarRapids
Net Operating Income: 53494.00
Operating Expense: 32786
Operating Expense: 32786
Total Square Feet Living: 3805
Year Built: 1973
Construction Materials: Frame
Property Age: 51
Year Built: 1973
Construction Materials: Frame
Property Age: 51
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.