SoldMar 4, 2022

Listed by Jessica Tiernan and Bonnie Tiernan

Bought with Holly Puckett from Keller Williams Legacy Group

Source: Cedar Rapids Area Association of REALTORS #2106263

720 E Avenue Northwest, Cedar Rapids, IA, 52405

$135,000

2
1848 sq. ft.
0.13 ac.

MultiFam

30+ days on the market

Sold: Mar 4, 2022

What's around 720 E Avenue Northwest

About this property

Investment Income! Clean & well taken care of tri- plex with vinyl siding, newer roof, updated windows, and completely updated after 2008. 1/3 units are occupied ( unit #3 ). The large main floor (unit 1) offers 2 bed new carpet, 1 large bath/laundry room with new toilet and drop down ceiling, 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 refrigerator, new vinyl flooring & toilet, 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. Here is a great jump start for a beginner investor. Sellers may up the rents on potential new tenants. Sellers are currently working on above noted updates on vacant units. All work will be completed prior to closing

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