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706 W 12th St, Cedar Falls, IA, 50613

--beds
4baths
2,071sqft
$270,000
$130price/sqft
$1,954/moest. monthly cost
$78,160/yrincome needed

About This Home

4-plex investment opportunity awaits! 3 of 4 units currently leased, 4th unit lease to begin in May. All units are 1 bed 1 bath with refrigerator and stove. Unit 1-$850/mo beginning in May. Unit 2-$775/mo. Unit 3-$750/mo. Unit 4-$750/mo. Owner pays gas, water, lawn care & snow removal. Proactive maintenance has been kept up on property since seller has owned, including: paint, plumbing, flooring, kitchen, bath. New siding/window casings in 2024! Individual electric meters.

Getting Around

48
WalkingCar-Dependent
24
TransitMinimal Transit
44
BikeSomewhat Bikeable

Schools

6/10
Lincoln Elementary SchoolGrades PK-60.4 mi
9/10
Holmes Junior High SchoolGrades 7-91.0 mi
7/10
Cedar Falls High SchoolGrades 10-120.4 mi

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Laundry features: None

Basement

  • Has basement: Yes
  • Basement: Stone/Rock

Bedrooms & Bathrooms

  • Bathrooms: 4

Features

  • Finished area below ground: 794
  • Finished area above ground: 1,049

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 2,071
  • Total interior livable area: 2,071 sqft

Property

Details

  • Parcel number: 891413101008
  • Zoning: R-M
  • Special condition: Standard

Features

  • Levels: Two

Lot

  • Lot size: 10,454 sqft
  • Lot size dimensions: 78x132

Parking

  • Total spaces: 4
  • Parking features: Garage,Parking Space,Paved,Detached
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4