$298,000.00

221 Franklin StreetCedar Falls, IA 50613

221 Franklin Street, Cedar Falls, IA
  • 221 Franklin Street, Cedar Falls, IA
  • 221 Franklin Street, Cedar Falls, IA
  • 221 Franklin Street, Cedar Falls, IA
  • 221 Franklin Street, Cedar Falls, IA
  • 221 Franklin Street, Cedar Falls, IA
This could be the investment property you have been looking for! This four unit property is very easy to rent, and is currently fully occupied. It produces a great income of $3000 or more a month! The building includes four 1-bedroom/1- bath units. The building is ideally located close to downtown Cedar Falls. Don't miss this opportunity!
MLS ID #:
20213411

Property Address:
221 Franklin Street
Cedar Falls, IA 50613

County:
Black Hawk

Region:
Cedar Falls South 2

Year Built:
1900

Property Type:
Multi-unit

Sub-Type:
Fourplex

Number of Units:
4

Elementary School:
Lincoln Elementary Waterloo

Mid/Jr High School:
Holmes Junior High

Sr. High School:
Cedar Falls High

Date Listed:
July 20th, 2021

Status:
Active

Price:
$298,000.00

Gross Taxes:
$3,656.00

Gross Income:
$0.00

Net Income:
$0.00

Occupant:
Renter

Tenant Responsible:
None

Terms of Tenancy:
Month to Month, Over 9 Months

Finance Type:
Cash, Conventional

Sale/Lease Type:
Normal Sale

Docs on File:
Lead Paint Disclosure, Sellers Disclosure

Zoning:
C-1

Legal Desc:
ORIGINAL PLAT CEDAR FALLS E 92 FT LOT 4 BLK 20

Basement:
Entrance-Inside

Laundry:
None

Garage Stalls:
1

Garage Type:
Detached

Parking:
Parking Spaces,Street Parking

Off-Street Parking:
2

Stories:
2 Stories, Quadruplex

Total Fin Sq Ft:
2,460 sq ft

Main Sq Ft:
1,268 sq ft

2nd Level Sq Ft:
1,192 sq ft

Lot Sq Footage:
6072

Lot Dimensions:
66x92

Reg/Irreg:
Reg

Acres:
0.140

Road Frontage:
Hard Surface Road

Exterior:
Vinyl

Siding:
Vinyl

Roof Type:
Asphalt

Exterior Amentities:
Porch-Covered

Utilities Available:
Electric in Rent, Garbage in Rent, Gas in Rent, Water in Rent

Water Type:
City

Sewer Type:
City

Fuel Type:
Natural Gas

Water Sep by Unit:
No

Elec Sep by Unit:
No

Heat Sep by Unit:
No

Cooling:
None

Flood Plain Class:
C/X - Not in Flood Plain

Realtor/Equal Housing Lender Listing provided courtesy of Oakridge Real Estate.
Listing Agent: Luke Bartlett
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

Additional Photos

  • 221 Franklin Street, Cedar Falls, IA 50613
  • 221 Franklin Street, Cedar Falls, IA 50613
  • 221 Franklin Street, Cedar Falls, IA 50613
  • 221 Franklin Street, Cedar Falls, IA 50613
  • 221 Franklin Street, Cedar Falls, IA 50613

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