NOT LISTED FOR SALE

100 66th Ave SW Cedar Rapids, IA 52404

Lincolnway Village Neighborhood
-- Bed
-- Bath
15,500 Sq Ft
0.76 Acres

Last Sold December 13, 2019

Last sale price $1,050,000 $68 Per Sq Ft

62 Days on Market

About This Home

As of December 2019

INVESTOR ALERT! 16-plex unicorn property! There are 13 four bedroom units, 1 two bedroom unit, 2 three bedroom units. This property consists of two buildings with laundromats in each one. Great parking. Most importantly... sits right across the street from Kirkwood Community College! Location is A+!

Last Agent to Sell the Property

Jeremy Trenkamp

Realty87 Listed on: 09/05/2019

Realty87

Last Buyer's Agent

Jeremy Trenkamp

Realty87 Listed on: 09/05/2019

Realty87

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,080

Year Built

  • 1978

Lot Details

  • 0.76 Acre Lot

Home Design

  • 15,500 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Gross Income $170,399
  • Net Operating Income $101,349

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,080

Year Built

1978

Lot Details

0

Listing Details

  • Acres: 0.7600
  • City Name: Cedar Rapids
  • Gross Tax: 15080
  • Last City Inspection: 2016
  • List User Cell Phone: 319-270-1323
  • Miscellaneous: Common Laundry-Leased, Parking Spaces, Sep. Meter – Electric
  • Net Tax: 15080
  • Noof Units Four Bedroom: 13
  • Noof Units Three Bedroom: 1
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 5+ Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.91304
  • Ratio Close Price By Original Li: 0.87500
  • Ratio Current Price By Sq Ft: 67.74
  • Total Sq Ft: 15500
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Electricity
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: MultiRes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1978

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Gas Heat, Window/Wall Air

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm

Lot Info

  • Lot Size: .76 Acre

Rental Info

  • Owner Pays: Water, Gas
  • Total Expenses: 69050

Multi Family

  • Gross Income: 170399
  • Net Operating Income: 101349.00

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $1,050,000 -8.7% $68 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
10/14/2019 10/14/19 Price Changed $1,150,000 -4.2% $74 / Sq Ft
09/05/2019 09/05/19 For Sale $1,200,000 -- $77 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jeremy Trenkamp

    Seller's Agent in 2019

    Jeremy Trenkamp

    Realty87

    (319) 270-1323

    10 in this area

    830 Total Sales

    Jeremy Trenkamp
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1906688

Cedar Rapids Area Association of REALTORS®
Iowa Linn County Cedar Rapids 52404 Lincolnway Village

100 66th Ave SW, Cedar Rapids, IA

This home is located at 100 66th Ave SW, Cedar Rapids, IA 52404 since 05 September 2019. This property was built in 1978. 100 66th Ave SW is a home located in Linn County with nearby schools including Prairie Heights Elementary School, Prairie Crest Elementary School, and Prairie View Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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