This recently updated duplex presents a promising investment opportunity with fresh paint and updated LPV flooring in both units. The units previously rented for $950 and $975 before the renovations, indicating potential for a profitable return on investment for interested buyers. Seller Financing and Lease Option available for a qualified buyer with minimum of$27, 000down payment reach out for further information on terms. Package deal available for 1207 5th Ave Se and 1211 5th Ave SE. Tenant occupied, 48 hours minimum notice for showings, pre approval required for showings on occupied units.
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The average household income in
Cedar Rapids, IA
grew
from
$55,359
to
$56,828
in the past year. This data is an estimate based upon
54,433
households in
Cedar Rapids, IA. The chart below presents how household income is distributed in
Cedar Rapids, IA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Cedar Rapids, IA
compared to median property taxes around the country. The prevalent amount of property taxes in
Cedar Rapids, IA
equals
$3k+
, which is
less
than the national average.