Fully remodeled 12-plex with 4 brand new units and 8 remodeled units featuring new carpet, paint, and trim. Gross income represents projected income once fully occupied. All units are currently vacant. The buyer can have the option to pre-lease the building prior to closing. Great opportunity for a move-in ready investment property with the ability to qualify your own tenants. Separate electric meters.
Multi-familyProperty Type
1965Year Built
0.34 acresLot Size
$58Price/Sq.Ft.
12 spacesParking
Listed by Twenty40 Real Estate + Development• Realty87
Bought with Graf Home Selling Team• GRAF REAL ESTATE, ERA POWERED
12 unit apartment building for sale. Units are all one bedrooms. Seller is a licensed Real Estate broker in the state of Iowa.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Linn County
APN
140420500800000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
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Garage
—
Features
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Last updated by owner on Jun 7, 2023.
S-MC
Suburban Mixed-Use Community Center
The Suburban Mixed-Use Community Center S-MC district is intended for dense, diverse, walkable areas that facilitate residential, commercial, employment, and recreation uses in a single location. Successful mixed-use districts require an active and inviting public realm along with safe and inviting pedestrian amenities. Common community mixed-use development configurations include active uses such as retail, restaurants, and services at the street level, with residential or office space above.
Permitted uses
Include but are not limited to:
Day care facility
General retail
Restaurant
Housing-Group
Housing-Multiple units
Housing-Senior
Hotel / motel
Mixed use
Office
Medical office
Property details
Parking
Parking/Garage Information
# of Parking Spaces Total: 12
Interior
Virtual Tour
Heating & Cooling
Has Heating
Heating: Hot Water
Room Information
Laundry Features: Common Area
Exterior
Building Information
Construction Materials: Brick, Frame, Vinyl Siding
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Multi Family
Lot Information
Lot Size : 0.341
Lot Size Dimensions: Irregular
Lot Size Area: 0.341
Lot Size Units: Acres
Lot Size Acres: 0.341
Financial
Tax Information
Tax Annual Amount: $8,994
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
Schools Information
Elementary School: Wright
Middle Or Junior School: Harding
High School: Kennedy
Location Information
Directions: On Blairs Ferry Rd
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Linn County
APN: 140420500800000
Home facts updated by county records on Jun 6, 2023
Other
Listing Information
List AOR: CedarRapidsAreaAssociationOfRealtors
Around this home
Schools
K - 12
Preschool & daycare
Wright Elementary School
Public PreK-5 • Assigned • 1.4mi
4/10
Harding Middle School
Public 6-8 • Assigned • 1.3mi
7/10
George Washington High School
Public 9-12 • Assigned • 3.3mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Cedar Rapids, IA • 52402
Average low and high temperatures (°F)
28
12
36
19
56
34
62
44
73
52
82
64
86
70
81
64
79
58
67
49
49
34
34
20
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.1 hours in
June and 4 hours in December, which is comparable to the
U.S. average for solar exposure.