1628-30 2nd Ave SE, Cedar Rapids, IA 52403

Very neat duplex in solid neighborhood. Both units have been rented to current tenants for long term and rents have not been adjusted to current levels. Lower level is in amazing condition and has a 1-year lease, upper unit has two entrances from front and rear of home, tenant has been there for 7 years and is on a month to month; needs paint and flooring. Building is sound and lower level has shared pay laundry with stone walls and dry basement. Tenants have worked to share the storage space, and it has worked out well. Units have individual HVAC which have been updated along with the water heater. 4 car concrete parking to rear yard, yard has wooden privacy fence. So much potential for income and a nice low priced quality duplex. Need 24-hour notice to view apartments. Seller is selling AS-IS; buyer can do inspections for their information only.