211 Madison ST Active Save Request In-Person Tour Request Virtual Tour
Waterloo,IA 50703
Key Details
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 1,224 sqft
Price per Sqft $1,348
MLS Listing ID 20244370
Style Two Story
Year Built 1950
Annual Tax Amount $32,163
Lot Size 1.530 Acres
Property Sub-Type Multi-Family 5+
Property Description
Discover a lucrative investment opportunity with this 32-unit property in Waterloo. Ideal for investors seeking a stable income stream, this well-maintained complex offers spacious two-bedroom, one-bathroom units with full basements. 32 Rental Units: Solid history of 95%+ occupancy Two-Bedroom, One-Bathroom Units: Comfortable and practical layouts. Full Basements: Additional storage space for tenants. Tenant Responsibilities: Electric, water, gas, and sewer bills, ensuring efficient cost management. Landlord Responsibilities: Trash, lawn care, and snow removal, providing added convenience for tenants. This prime location offers easy access to local amenities, schools, hospitals, and transportation. Don't miss out on this exceptional investment opportunity. Contact us today to schedule a viewing!
Location
State IA
County Black Hawk
Zoning R-3
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Laundry Lower Level
Exterior
Parking Features Parking Space,None
Utilities Available Elec Individual Meters,Gas Individual Meters,Water - Multiple Meters
View Y/N true
Roof Type Rubber
Building
Lot Description Corner Lot
Sewer City Sewer
Water City
Structure Type Stucco EIFS
Schools
Elementary Schools Highland Elementary
Middle Schools George Washington Carver Academy
High Schools West High
Others
Acceptable Financing NBR20244370
Listing Terms NBR20244370
Special Listing Condition Normal Sale