1249 3rd Avenue Se

$280,000

1249 3rd Avenue Se Cedar Rapids, IA 52403

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About this listing

This investment property is a five-unit multifamily building (5-plex) consisting of five one-bedroom units. Two of the units are equipped with in-unit laundry, while the remaining three tenants have access to a common laundry area located in the basement. The property has a solid rental history, with consistent occupancy and reliable tenants. The last city inspection was completed in July 2024, ensuring compliance with local housing codes and regulations. Each unit pays their own electric. Owner pays trash, water and common area electric.

  • Building Size

    2,776 sqft

  • Lot Area

    0.13 acres

  • Year Built

    1900

  • MLS ID

    2500210

DESCRIPTION

  • • Annual Tax: $ 1820.0

Map





Beth Mackey

Beth Mackey

License #: S62513000
Coldwell Banker Commercial Hedges Realty
Cedar Rapids, IA
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