2723 Terrace Dr, Cedar Falls, IA 50613

2723 Terrace Dr, Cedar Falls, IA 50613
2723 Terrace Dr, Cedar Falls, IA 50613
2723 Terrace Dr, Cedar Falls, IA 50613
2723 Terrace Dr, Cedar Falls, IA 50613
2723 Terrace Dr, Cedar Falls, IA 50613
2723 Terrace Dr, Cedar Falls, IA 50613
2723 Terrace Dr, Cedar Falls, IA 50613
2723 Terrace Dr, Cedar Falls, IA 50613
MLS ID #:
20184702

Property Address:
2723 Terrace Dr
Cedar Falls, IA 50613

County:
Black Hawk

Region:
Cedar Falls South 3

Year Built:
1978

Property Type:
Multi-unit

Sub-Type:
Five or More Units

Number of Units:
8

Additional Parcel:
Yes

Elementary School:
Cedar Heights Elementary

Mid/Jr High School:
Peet Junior High

Sr. High School:
Cedar Falls High

Date Listed:
August 29th, 2018

Status:
Active

Price:
$725,000.00

Gross Taxes:
7194

Gross Income:
$0.00

Net Income:
$0.00

Occupant:
Renter

Tenant Responsible:
Electric, Heat

Terms of Tenancy:
Over 9 Months

Finance Type:
1031 Exchange, Cash, Conventional

Sale/Rent:
For Sale

Sale/Lease Type:
Normal Sale

Docs on File:
Aerial Photo

Zoning:
R-4

Legal Desc:
UNIVERSITY CENTRE LOT 3 & EXC W 50 FT & EASE & W 100 FT OF E 200 FT OF N 10 FT LOT 5 Additional parcel included. 8913-20-151-004

Basement:
Crawl Space

Laundry:
1st Floor

Garage Stalls:
4

Garage Type:
Detached

Parking:
Garage,Parking Area,Paved

Off-Street Parking:
12

Total Fin Sq Ft:
6,890 sq ft

Main Sq Ft:
3,445 sq ft

2nd Level Sq Ft:
3,445 sq ft

Lot Sq Footage:
14,000

Lot Dimensions:
100x140

Reg/Irreg:
Reg

Exterior:
Brick

Siding:
Brick

Roof Type:
Asphalt

Utilities Available:
Cable Paid by Individual, Elec Individual Meters, Separate Meters

Water Type:
City

Sewer Type:
City

Fuel Type:
Electric

Water Sep by Unit:
No

Elec Sep by Unit:
Yes

Cooling:
Wall Unit

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

Remarks: Great Multi-family Opportunity with adjacent building lot. This 8plex has (8) 1 bedroom units with on site laundry facility. All units in great shape. Some have been recently renovated. New roof in October of 17. Off-street parking with 4 garage stalls. Adjacent building lot is zoned R-4 and is a great multi-unit building lot. NOI just over $46,500. Seller subordinate financing available.
Realtor/Equal Housing Lender Listing provided courtesy of Structure Real Estate.
Listing Agent: Brian Wingert
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.

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