Angela Thompson and Paul Lundquist
Angela Thompson and Paul Lundquist
604 W Seerley
Cedar Falls, IA 50613

Description

Great investment opportunity in good condition inside & out just 3 blocks from UNI campus located diagonally across from Seerley Park at Iowa St. Spacious apartments w/ nicely updated kitchens & baths. (2) 3-bdrm apts (rent @ $825/mo ea) & (1) 4-bdrm apt (rent = $1300/mo) w/ plenty of off-street parking to satisfy City rental regulations (up to 13 stalls). Fully occupied & leased through May 2019. Based on good cosmetic condition & location the 3 bdrm unit rents should be higher. Updates include 200 amp elect service & gas FA furnaces/central A/C units all in 2003, windows 2003-2012, shingles 2010, water heaters 2010-2014. One of the nicer older conversion-style units on the Hill. Main floor & bsmt units share water & HVAC. Utilities for upper unit are all separate.

Details

MLS#20184327
Sub-TypeResale
StatusActive
Year1922
Days On Site7

Features

SQ Feet52,535
Units3

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Attachments

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Area Information

StateIA
CountyBlack Hawk
CityCedar Falls
Zip Code50613
AreaBlack Hawk
Listing VS Median (in 50613)
Price:
$349,900
low | high
Med:
$185,000
97.127750785939% of Average
SqFt:
52,535
low | high
Med:
1,836
100% of Average
$ / SqFt:
$7
low | high
Med:
$101
100% of Average
On Site:
7
low | high
Med:
83
8.433734939759% of Average
Listing Updated: 08/15/2018
MLS Number: 20184327
Listing Provided By:
Bruce Wingert, CRS  of  Structure Real Estate