400 1st Street SE Cedar Rapids, IA 52401 • Residential - Condominium • Active $89,000

Description

Practical downtown Cedar Rapids living at a price that makes sense. This 2-bedroom, 2-bathroom condo on the second floor of Riverview Condominiums offers 870 sqft of functional space in the heart of the SE Quadrant, just steps from the Cedar River waterfront corridor. The open layout connects the living and dining areas with a pass-through galley kitchen featuring ample cabinet storage, double-basin sink, electric range, dishwasher, and refrigerator. Each bedroom sits on opposite ends of the unit in a split-floor plan that works well for owner-occupants and investors seeking a rental-ready downtown Cedar Rapids investment property. One full bath includes a tub/shower combination while the second features a walk-in shower. Monthly HOA fees of $250 cover water, garbage, heat, common laundry, exercise room, and secured elevator access. Pets are welcome and rentals are permitted, making this one of the more accessible income-producing condos available in Cedar Rapids right now. The building connects to the downtown Cedar Rapids skywalk network, putting you within walkable distance of Greene Square Park, Cedar Rapids Public Library, Paramount Theatre, Alliant Energy PowerHouse, NewBo City Market, the Cedar River Trail system, and the growing restaurant and coffee shop scene along 1st Avenue SE. Enclosed parking is accessible via the skywalk through the City. One assigned carport space included.

Property Highlights