603 Iowa Street, Cedar Falls, IA 50613

$195,000

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List Price
$195,000
MLS#
20264662
Status
ACTIVE
Type
Multifamily
Subtype
Residential Income
Year Built
1917
County
Black Hawk
City
Cedar Falls

Property Description

Investment Opportunity! Duplex in Prime Cedar Falls Location – Walk to Downtown! This property is currently under lease for $1,650 a month so there is room to raise rents in the future. The current renter recently resigned a year lease so no need to find new tenants right away! Don't miss this rare opportunity to own a duplex just steps from vibrant downtown Cedar Falls! This versatile property offers two spacious units perfect for owner-occupants, investors, or multi-generational living. Upper Unit: 2 bright and airy bedrooms 1 full bathroom Comfortable living space with plenty of natural light Kitchen with functional layout Main Level Unit: 3 generously sized bedrooms 1 full bathroom Kitchen with great potential for updates Additional highlights include off-street parking, a shared backyard space, and a location that can’t be beat. You're just a short walk from Main Street shops, restaurants, parks, and entertainment. Whether you're looking to live in one unit and rent the other, or add a strong performer to your investment portfolio, this duplex offers flexibility in a fantastic location! Schedule your showing today!

Additional Information

Unexempt Taxes
$3,180
Lot Size
4,950
Roof
Asphalt
Elementary School
Lincoln Elementary CF
Middle School
Holmes Junior High
High School
Cedar Falls High

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of AWRE-Commercial & Development.