Property Description

The KataLYST Team as part of KW Commercial is pleased to present this multifamily property located at 60 & 64 Miller Avenue Southwest, Cedar Rapids, IA. This property was renovated in 2022 and almost every unit has been re-done. The current owners have spent several hundred thousand in updates and renovations since 2021. Rents still have more room for growth as the current owners were offering reduced rents during renovations to fill a large number of units at once. The 4 bedroom, 2 bath layout offers a unique opportunity both for college housing for Kirkwood Community College, and for families looking to get into the desirable College Community School District. This property was built in 2000 and updated since then. Each unit has it’s own furnace/AC and all utilities are separately metered. You will save a ton in long term maintenance and capital expenses with this property over some of the other options on the market.

Features
: Gas
: Central Air
: Common Area
: Public Sewer
: Separate Meters
Address Map
IA
Linn
Cedar Rapids
52404
Miller
60
Avenue
W92° 20' 23.4''
N41° 55' 28.7''
Take the Kirkwood Blvd exit from highway 30 and head south on Kirkwood Blvd. Turn right onto Miller ave and the property will be on your right.
SW Quadrant
SW
Neighborhood
Adams
AGWSR
Adams
MLS Addon
Keller Williams 1 Advantage
Nick Wallraff
$0
$0
$0
$0
$0
Additional Information
: Frame, Vinyl Siding, Brick
: Slab
62726.4
30
2024-10-21
https://www.propertypanorama.com/instaview/cdr/2407332
: Public
Financial
46860.0
Listing Information
WALLRAFFNICK121
CKW1A
Cash,Conventional,FHA,VA Loan
Active
2024-10-24T17:43:08Z
CDR
2024-10-23T12:59:47Z

60 Miller Avenue Sw, Cedar Rapids, Iowa 52404 - Residential For Sale

60 Miller Avenue Sw, Cedar Rapids, Iowa 52404

36,000
$2,790,000
Listing ID #2407332
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 2407332
Price : $2,790,000
Square Footage : 36,000
Year Built : 2000
Lot Area : 1.44 Acre
Status : Active
F 150 : Parking Space(s)
Property Sub Type : Multi Family
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent