720 E Ave NW, Cedar Rapids

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$145,000 ▪ 3 Units ▪ MLS: 202105113

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 ¾ 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.

Directions: E ave NW to 720

Property Details

MLS #: 202105113
Price: $145,000
Year Built: 1900
Income/Yr: $17,820.00
Expense/Yr: $4,719.00
Parking: Off Street, Over 1 Space, Street
Basement: Full Total Sq Ft: 1848
Electric/Yr: $0.00
Gas/Yr: $0.00
Insurance/Yr: $0.00
Gross Tax: $3,347.00
Units: 3
Laundry: Other- See Remarks
Heating: Gas, Forced Air
Cooling: Window/Wall Units
Elementary: Harrison
Middle: Roosevelt
High: Jefferson

Information deemed reliable but not guaranteed

Who To Contact

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Coldwell Banker Real Estate Professionals


 Listing Office: Iowa Realty, Inc. - CR - Agent: Bonnie Tiernan ▪ Information furnished by Iowa City Area Association of Realtors MLS