2045 High Dr Se, Cedar Rapids, IA 52403

Property Description

Small footprint. Real upside. This 516 square foot 1 bedroom, 1 bath home in southeast Cedar Rapids sits on a quarter acre, and the lot is the story. Apartment-sized living with open ground around it, which means room to grow into rather than a ceiling on your investment. The home needs updating throughout and is offered as-is, and that is exactly why the price works. Whether you are looking for a low basis rental, a project with a defined budget, or a way to stop writing rent checks, this one gives you a foothold at a number that is hard to find in the corridor. The parcel is currently being replatted from .75 acres to .25 acres; contact agent for current status and legal description. Any future addition is subject to City of Cedar Rapids zoning and setback approval, and buyer is encouraged to verify. Cash or commercial financing. Priced at $75,000.