Lifestyle Property For Sale-211 Madison ST, Waterloo, IA 50703By Un...

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Listed by Tyler Rasmussen • EPM, Iowa

$1,650,000

Est. payment - /mo

1,224 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 1,224 sqft

Price per Sqft $1,348

MLS Listing ID 20244370

Year Built 1950

Annual Tax Amount $32,163

Lot Size 1.530 Acres

Acres 1.53

Lot Dimensions 145 x 460

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

Rooms

Basement Block, Entrance-Outside

Interior

Heating Forced Air

Cooling Ceiling Fan(s)

Fireplace N

Laundry Lower Level

Exterior

Parking Features 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 Public Sewer

Water Public

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

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