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Listing ID: 202105606
Price: $3,075,000
Status: Active
Address: 1606-1648 Ellis Blvd NW
City: Cedar Rapids
State: Iowa
Postal Code: 52405
County: Linn
Subdivision: NW Quadrant
Cedar Rapids
IA
52405
Ellis Flats is a 3 bed/2.5-bathroom duplex property with 12 units in total. These luxury units include a two-stall attached garage, extended storage on each level, washer/dryer in unit, and an exclusive rooftop patio where all residents may enjoy their free time in warmer months. Interior finishes include stainless steel kitchen appliances, granite counter tops, tile back-splash, built-in breakfast bar, separate dining area, & more. Ellis Flats is just minutes from the ever-popular Ellis Park. This park has an 18-hole golf course, water skiing facilities, ball diamonds, swimming pool, tennis courts, sand volleyball courts, & more. ***48 hour notice to show and no weekend showings***

Primary Features

County: Linn
Property Sub Type: Multi-Family
Property Type: Multi-Family
Subdivision: NW Quadrant
Year Built: 2019
Zoning: Residential

Interior

SqFt Above: 794
SqFt Lower: 698
Unit 1 Bedrooms: 3
Unit 1 Dining Room: yes
Unit 1 Full Baths: 2
Unit 1 Half Baths: 1
Unit 1 Living Room: yes
Unit 1 Number: 1606
Unit 2 Bedrooms: 3
Unit 2 Dining Room: yes
Unit 2 Full Baths: 2
Unit 2 Half Baths: 1
Unit 2 Living Room: yes
Unit 2 Number: 1610
Unit 3 Bedrooms: 3
Unit 3 Dining Room: yes
Unit 3 Full Baths: 2
Unit 3 Half Baths: 1
Unit 3 Living Room: yes
Unit 3 Number: 1614
Unit 4 Bedrooms: 3
Unit 4 Dining Room: yes
Unit 4 Full Baths: 2
Unit 4 Half Baths: 1
Unit 4 Living Room: yes
Unit 4 Number: 1618

External

Lot Dimensions: Irregular

Location

Area: Out Of Area
Elementary School: Harrison
Geo Address Line: 1606-1648 Ellis Blvd NW
High School: Kennedy
Junior/Middle School: Roosevelt

Additional

Addendum: *SOC is 3.5% of the first $1,000,000 of gross sale price; 3.0% of the second $1,000,000 of gross sale price; 2.5% of the next $1,000,000 of gross sale price and 2% thereafter.
Associated Document Count: 1
Days on Market: 250
Elevators: No
Internet: yes
New Construction: yes
Rental Permit: yes
Status Category: Active
Units Total: 12
Zero Step Entry: Yes

Financial

Annual Association Fee: N/A
Annual Gross Expense: 57883
Annual Gross Income: 226595
Electric Annually: 189
Gas Annually: 49
Gross Tax (County & City): 4874
Insurance Annually: 16848
Maintenance Annually: 6739
Sale/Lease: For Sale
Tax ID: 142013004200000 - Multiple
Tax Year Report: 2021
Unit 1 Monthly Rent: 1625
Unit 2 Monthly Rent: 1595
Unit 3 Monthly Rent: 1595
Unit 4 Monthly Rent: 1595
Variable Rate: no
Water Annually: 289

Zoning Info


© 2022 Iowa City Area MLS (ICAARMLS)
Information deemed reliable, but not guaranteed
Listing courtesy of Craig Byers of Q4 Real Estate

Contact - Listing ID 202105606

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Jeff Edberg

2346 Mormon Trek Blvd, Ste #2000
Iowa City, IA 52246
Phone: 319-331-6187
Phone Alt: 319-331-6187

Data services provided by IDX Broker

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