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3200 Wilson Avenue SW Cedar Rapids, IA 52404 Land - Residential Active

New - 14 Hours Ago
  • 3200 Wilson Avenue Sw, Cedar Rapids, IA 52404 Main Photo

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Description

1.67 Acre Multi-Family Lot with City Approved Plan of Improvements (POI) for 19 Townhouse Style Units. (POI may need to be re-submitted) Land is basically shovel ready with some minor alterations needed to the Underground Utilities & Road to meet the current POI Site Plan. Seller also has a previously approved POI/Site Plan that was approved for 24 Units and a preliminary Site Plan for 12 Ranch Style Units. Completed Units to be brought into the Walnut Ridge HOA. See Documents attached to the Listing for more information. Additional information available from the Listing Office. Seller has dimensional Building Plans for the 19 Townhouse Style Units or the 12 Ranch Units and will transfer ownership of plans with accepted offer. Great location for walkability to almost any type of shopping, food etc.

Property Highlights

Property Type: Land - Residential
Total Acres: 1.67 Acres
Utilities: Electricity Available, Natural Gas Available

General Information

County: Linn
High School: Jefferson
Listed By:
MOTTINGER REAL ESTATE GROUP Chris Mottinger 319-624-6027
Cedar Rapids MLS
$425,000
Est. $2,864/mo
New to the Market Active
LOT SIZE 1.670 acres MLS#2606338
STATUSActive PROPERTY TYPELand - Residential SCHOOLCedar Rapids

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Ruhl&Ruhl Realtors
563.441.1776

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3200 Wilson Avenue Sw, Cedar Rapids, IA 52404.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $425,000$425,000$425,000
Down Payment $85,000$14,875$106,250
Monthly Mortgage Amount $2,149$2,638$2,668
Taxes $591$591$591
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$187$0
Monthly Estimated Total $2,864$3,540$3,383

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