NOT LISTED FOR SALE

101 W Main St Coggon, IA 52218

-- Bed
-- Bath
2,436 Sq Ft
5,663 Sq Ft Lot

Last Sold October 20, 2021

Last sale price $80,000 $33 Per Sq Ft

23 Days on Market

Highlights

  • Deck
  • 4 Car Garage
  • 1-minute walk to Buffalo Creek County Parkway
  • Forced Air Cooling System

About This Home

As of October 2021

This 4-plex investment property is a rare opportunity for an eager investor. With several ways to boost your cashflow including the garage, with it's own full bathroom, that could either be converted into a 5th unit or be used as a commercial storage rental, plus the rear storage garage with an overhead door and electricity that could be rented out separately. Each unit has it's own gas and electric meters, with brand new electric service and panels. Unit 1: 2-bed/1-bath, move-in ready with fresh paint, new electric, serviced furnace, serviced plumbing. Unit 2: 1-bed/1-bath, move-in ready with fresh paint, new electric, serviced furnace, serviced plumbing. Unit 3: 3-bed/1-bath, gutted to studs; new insulation/drywall/electrical/paint, serviced furnace, serviced plumbing. Ready for trim/doors/cabinets/flooring/lighting. Unit 4: 3-bed/1-bath, needs remodeling. New electrical, serviced furnace, serviced plumbing. Other building updates include: metal roof, scraped and painted exterior, updated sewer, updated plumbing throughout, serviced gas lines/furnaces, and more. Priced aggressively for a quick sale as the current owner is unable to complete the final renovations. Call listing agent with questions or for more info.

Last Listed By

Stefan Doerrfeld

Twenty40 Real Estate + Development Listed on: 08/19/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • 1898

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 56 x 101

Parking

  • 4 Car Garage

Home Design

  • 2,436 Sq Ft Home
  • Frame Construction
  • Masonry

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

1898

Lot Details

0

Listing Details

  • Acres: 0.1300
  • City Name: Coggon
  • Gross Tax: 2070
  • List User Cell Phone: 319-361-3881
  • Miscellaneous: Deck/Patio, Garage, Sep. Meter – Electric, Sep. Meter – Gas, Ten Storag
  • Net Tax: 2070
  • Noof Units One Bedroom: 1
  • Noof Units Three Bedroom: 2
  • Noof Units Two Bedroom: 1
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.88988
  • Ratio Close Price By Original Li: 0.88988
  • Ratio Current Price By Sq Ft: 32.84
  • Total Sq Ft: 2436
  • Style St: Upper/Lower
  • Tenants Responsibilities Include: Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: MulitRes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1898

Exterior Features

  • Construction Methods: Frame, Masonry Frm
  • Exterior: Concrete Block

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat, Window/Wall Air

Schools

  • Elementary School: North Linn
  • Middle School: North Linn
  • High School: North Linn

Lot Info

  • Lot Size: 56 X 101

Rental Info

  • Owner Pays: Water

Range of Values:

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Average Value
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List Price
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
10/20/2021 10/20/21 Sold $80,000 -11.0% $33 / Sq Ft
09/11/2021 09/11/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $89,900 -- $37 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Stefan Doerrfeld

    Seller's Agent in 2021

    Stefan Doerrfeld

    Twenty40 Real Estate + Development

    (319) 378-8760

    Section Image

  • A

    Buyer's Agent in 2021

    Abby Besler

    Pinnacle Realty LLC

    (319) 540-1705

    96 Total Sales

    Abby Besler
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2105758

Cedar Rapids Area Association of REALTORS®

Iowa Linn County Coggon 52218

101 W Main St, Coggon, IA

Homes for Sale in Coggon, IA

This home is located at 101 W Main St, Coggon, IA 52218 since 19 August 2021. This property was built in 1898. 101 W Main St is a home located in Linn County with nearby schools including North Linn Elementary School, North-Linn Middle School, and North-Linn Senior High 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.