2841 Cory CT SW, Cedar Rapids, IA 52404
2841 Cory CT SW, Cedar Rapids, IA 52404
2841 Cory CT SW, Cedar Rapids, IA 52404
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
PRK Williams Realty

PRK Williams Realty

+1(319) 360-7139
$315,000
Est. payment /mo
3,492 SqFt
Save Virtual Tour

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,492 sqft

Price per Sqft $90

MLS Listing ID 2606041

HOA Y/N No

Total Fin. Sqft 3492

Year Built 1981

Annual Tax Amount $4,546

Lot Size 8,973 Sqft

Acres 0.206

Property Sub-Type Multi Family

Property Description

Rare opportunity to acquire a well-maintained, fully leased 4-unit multifamily investment property with each unit offering 2 bedrooms and 1 bathroom. Numerous significant capital improvements have been completed within the last five years, including a new roof, foundation improvements, HVAC units, a complete remodel of Unit 1, and additional property improvements. New gutters and common-area carpet are also scheduled to be installed this month. The property offers additional income potential, with current rents below estimated market rates and room for future increases. With limited 4-plex inventory currently available in the Cedar Rapids market, this is an excellent opportunity for an investor looking to add a stabilized multifamily asset with substantial recent improvements to their portfolio. Interior photos coming soon. Contact Listing Agent for additional details regarding improvements, leases, and financials.

Location

State IA

County Linn

Area Sw Quadrant

Zoning TRH

Rooms

Basement Full

Interior

Interior Features InteriorFeatures

Heating Electric, Hot Water

Cooling Central Air

Fireplace No

Laundry Common Area

Exterior

Parking Features Parking Space(s)

Utilities Available Separate Meters

Water Access Desc Public

Building

Sewer Public Sewer

Water Public

Structure Type Brick,Frame,Vinyl Siding

Schools

Elementary Schools Grant

Middle Schools Wilson

High Schools Jefferson

Others

Tax ID 14333-53018-00000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/cdr/2606041

Read Less Info
Listed by GLD COMMERCIAL

GET MORE INFORMATION

PRK Williams Realty

PRK Williams Realty

+1(319) 360-7139

Broker License ID: F0664000

Broker License ID: F0664000

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of PRK Williams Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.