1312 and 1312 1/2 22nd Avenue SW, Cedar Rapids, IA 52404

$124,900 Asking Price

1 bed
1 bath
871  sqft
Built in 1946

Two houses, One price! Investor alert or live in one, rent the other...or...live in one, use the other for mother in law quarters! Two one bedroom/one bath homes on one parcel. Front currently rented at $800/mo and rear is currently vacant but was rented through February for $700 mo. This is a unique opportunity for owner occupied with cash flow, or and a great investment! Front house is 461 sq ft, rear (accessible from alley) is 410 sq. ft. Both have basements. Each house has fenced hard and small storage shed. Cute setup! Tenants pay gas/electricity, owner pays water. Property sold as is, inspections for buyer knowledge only. Will likely need cash/commercial financing due to property type.

Features & Amenities

Interior

General:
Main Level Primary
Appliances:
Dryer,Gas Water Heater,Range,Refrigerator,Washer
Basement:
Full
A/C:
true, Wall/Window Unit(s)
Heating:
true, Forced Air,Gas

Exterior

General:
Fence, Shed(s)
Style:
Other,Ranch
Other Structures:
Shed(s)
Parking:
Carport

Construction

General:
Frame,Vinyl Siding

Location

Originating MLS:
CDR
County:
Linn

Lot

Zoning:
as per abstract, 14322-81029-00000

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
CDR

This listing courtesy of:
Keller Williams Legacy Group, Jeff Nelson

About Cedar Rapids, IA

Housing

Number of Units
66,086
Median Home Value
$164,130
Median Rent
$660

31.20% of housing units are renter occupied.

6.70% are vacant.

Commute

Car
73.74%
Public Transportation
0.39%
Walk to Work
1.57%
Work from Home
23.05%
Other
0.81%

The median travel time to work is 15 minutes.

People

Population
143,343
Median Age
37.70
Median Household Size
2.48

Education

High School
26.93%
Associate’s Degree
12.80%
Bachelor’s Degree
23.02%
Graduate Degree
10.26%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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