1441 2nd Ave SE, Cedar Rapids, IA 52403

Welcome to 1441 2nd Ave, SE– a fantastic investment opportunity awaits in this charming 4-unit property with substantial upside potential. Located in a prime location, this property offers a blend of convenience and promise for investors seeking to expand their portfolio in Cedar Rapids. Offering three (3) one-bedroom, one-bath units and one (1) efficiency unit. A common basement includes extra storage for tenants and the potential for coin operated laundry. With its strategic location, this property enjoys proximity to the Cedar Rapids Med Quarter, downtown, Newbo, shopping, and schools. Residents will also appreciate easy access to major highways and roadways, enhancing their commute and connectivity to the rest of the city. With some thoughtful renovations and management, there is ample opportunity to increase rental income and maximize returns. Don’t miss out on this chance to acquire a promising income-generating asset. Property is being sold in as is condition. Utilities are not separately metered – owner pays water, gas, and electric.