Great investment opportunity, with the possibility of owner occupancy. The main level has two bedrooms, features a newer remodel, and rents for $700 a month. This unit also has access to the basement which has a washer and dryer, but could easily be closed off. The upper two units are both efficiency units and rent for $350 per unit. This property also features appliances, extra off-street parking, and has additional income potential with a two-car garage. Updates include- a new roof, new water line ran to building, electrical in 2008, plumbing upgrades, newer mechanicals, and most windows have been upgraded. The gas and electric are on separate meters, leaving only the water to be paid by the landlord. 24-hour notice for all showings, per tenant’s rights. Property being sold "as-is."
Off market
$156,300
716 E Ave Nw, Cedar Rapids, IA 52405
--beds
0baths
1,616sqft
Multi Family
Built in 1890
-- sqft lot
$156,300 Zestimate®
$97/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: October 13, 2021 at 06:18am
Listed by:
Dan Kaestner 319-560-2330,
IOWA REALTY
Bought with:
Robert Young
SKOGMAN REALTY
Source: CRAAR, CDRMLS,MLS#: 1709657
Originating MLS: Cedar Rapids Area Association Of Realtors

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air, Gas
Cooling
- Central Air
Features
- Has basement: Yes
Interior area
- Total interior livable area: 1,616 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Patio & porch: Deck, Patio
Lot
- Size: 5,600 sqft
- Dimensions: 40 x 140
Details
- Parcel number: 142046301200000
- Zoning: Multi
- Zoning description: Multi
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Stone
- Foundation: Basement
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Separate Meters
Community & neighborhood
Location
- Region: Cedar Rapids
Other
Other facts
- Listing terms: Cash,Conventional
Services availability

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$156,300
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$159,426