210 19th St. NE, Cedar Rapids, IA 52402
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$ 2,000,000
Est. payment | /mo

8,520 SqFt


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$ 2,000,000
Est. payment | /mo
Save

8,520 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,520 sqft

Price per Sqft $234

MLS Listing ID 2606436

HOA Y/N No

Total Fin. Sqft 8520

Year Built 1966

Annual Tax Amount $24,067

Lot Size 0.677 Acres

Acres 0.677

Property Sub-Type Multi Family

Property Description

If you are looking for a low-maintenance investment property, and want a build quality of years past, this is it! Within the past 2 years, extensive renovations have been performed with the anticipation of a long-term hold. As current ownership focuses on new development, this is a perfect opportunity to enter an asset set up for a long term hold.

12 2BR, 12 1BR
2025 $1.5MM Renovation: full post-fire reconstruction, 4 apts stripped to studs and complete renovation, ew flooring throughout: new fixtures, windows, handrails, mostly new appliances, new entry and hallway doors, new high-tech laundry machines, exterior building repainted. Mechanical and Electrical: New boiler, fan coil units throughout, rebuild of chiller system, new electrical installed in all 24 apartment units, all circuit breakers updated, all new gear installed in the mechanical room.

Listing broker has partial ownership in the property listed.

Location

State IA

County Linn

Area Ne Quadrant

Rooms

Basement Walk-Out Access

Interior

Interior Features InteriorFeatures

Heating See Remarks

Cooling See Remarks

Fireplace No

Laundry Common Area

Exterior

Water Access Desc Public

Building

Sewer Community/Coop Sewer, Public Sewer

Water Public

Structure Type Brick,Frame

Schools

Elementary Schools Trailside

Middle Schools Franklin

High Schools Washington

Others

Tax ID 141545101500000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Freedom REMI LLC

NEARBY SCHOOL & BUSINESS

Tony Lueken

+1(319) 480-3875

tony@luekenre.com

4515 N River Blvd NE, Cedar Rapids, IA 52411, USA

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210 19th St. NE