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117 Rapids Ave SW 117 Rapids Ave SW

5 Unit Apartment Building $334,500 ($66,900/Unit) Cedar Rapids, IA 52404

Apartment Buildings Iowa Cedar Rapids 117 Rapids Ave SW, Cedar Rapids, IA 52404

Investment Highlights

  • - Brick Building - 4 Garages - Owned For Almost 25 Years - Well Maintained & Self Managed. - Owned Washer & Dryers
  • New Boiler, Water Heater, & Electrical Panels in 2008
  • - Tenants on Month to Month Leases ($575 For 2 Bedroom) - Heating & Cooling: Mini Splits (2008) - New Roof In 2020

Attachments

117 Rapids Ave SW - P&F

Property Facts

Price $334,500 Building Class C
Price Per Unit $66,900 Lot Size 0.40 AC
Sale Type Investment Building Size 6,941 SF
No. Units 5 Average Occupancy 80%
Property Type Multifamily No. Stories 3
Property Subtype Apartment Year Built 1948
Apartment Style Low Rise
Price $334,500
Price Per Unit $66,900
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.40 AC
Building Size 6,941 SF
Average Occupancy 80%
No. Stories 3
Year Built 1948

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Smoke Detector

Links

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PROPERTY TAXES

Parcel Number 14342-30018-00000 Improvements Assessment $285,100
Land Assessment $34,600 Total Assessment $319,700

PROPERTY TAXES

Parcel Number
14342-30018-00000
Land Assessment
$34,600
Improvements Assessment
$285,100
Total Assessment
$319,700
(319) 350-5378

  • Listing ID: 33537849

  • Date on Market: 10/16/2024

  • Last Updated:

  • Address: 117 Rapids Ave SW, Cedar Rapids, IA 52404

More public record information on 117 Rapids Ave SW, Cedar Rapids, IA 52404

The Southwest Area Multifamily Property at 117 Rapids Ave SW, Cedar Rapids, IA 52404 is currently available. Contact Heartland Investment Partners for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

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117 Rapids Ave SW | 117 Rapids Ave SW
(319) 350-5378 x

117 Rapids Ave SW | 117 Rapids Ave SW

1/2

Darin Garman

(319) 350-5378

(319) 350-5378

Isaiah Garman

(319) 540-9070

(319) 540-9070

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