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1516 C Ave NE A & B Cedar Rapids, IA 52402

For Sale
1516 C Ave NE A & B
Cedar Rapids, IA 52402
Price: $235,000
Type: Multi-Family
Units Total: 2
Agent: Rob McCain
Agent Phone: 319-621-7653
Agent Email: robmccain@urbanacres.com
Broker: Urban Acres Real Estate Corridor
Broker Phone: 319-351-1111
Broker Email: PhilOBrien@urbanacres.com

2-unit turn-key duplex, excellent investment opportunity close to Mt. Mercy, Coe College, Mercy Hospital, Garfield Elementary, Fairfield Middle School, and Washington High School. Completely renovated from the studs out, new appliances, light fixtures, flooring, paint, plumbing, electrical, HVAC, separate water, gas, and electric meters, shared laundry in the LL, 4 parking spaces, and easy to show. Unit A (Main Level)- 2 bedrooms, living room, separate dining room, full kitchen, full bath, and access to the back yard and parking spaces. Leased for $950/mt. Unit B (Upper Level)- 3 bedroom, living room/dining room combo with open floor plan, full bath and extra storage. Leased for $1250/mt. Current Lease agreement 10/1/2023- 10/24/2024. ***Tenants maybe home when showing the property.