Lifestyle Property For Sale-1107 - 1113 Rainbow DR, Waterloo, IA 50...

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Listed by Bond Shymansky • Skogman Realty

$280,000

Est. payment - /mo

2,560 SqFt

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,560 sqft

Price per Sqft $109

MLS Listing ID 20251576

Style Two Story

Year Built 1940

Annual Tax Amount $5,560

Lot Dimensions 66x315

Property Sub-Type Fourplex

Property Description

Great cash flow rental property located in quiet neighborhood in west Waterloo. TWO separate duplexes on the property create a combined gross rent of $2825 per month. The house is split into two units, a two bedroom on the first floor and a one bedroom on the upper floor. The newer duplex building situated in the back part of the property was constructed as a duplex and both units are one bed one bath with washer and dryer in unit. New roof on the house in 2024, new facia and soffits, fresh paint in parts of the units, new entry stairs. New paint and flooring in the duplex building. Lots of upside for this property. This property may also be purchased in a package with any of the other listings located at 1316 Main St CF, 2404 Olive St CF, 2415 Olive St CF

Location

State IA

County Black Hawk

Zoning R-2

Rooms

Basement Block, Concrete

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace N

Laundry 1st Floor, 2nd Floor

Exterior

Parking Features Gravel, Parking Area, None

Utilities Available Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Gas Individual Meters, Separate Meters, Water - Multiple Meters

View Y/N true

Roof Type Asphalt

Building

Water City

Structure Type Shakes,Vinyl Siding

Schools

Elementary Schools Fred Becker Elementary

Middle Schools Central

High Schools West High

Others

Acceptable Financing NBR20251576

Listing Terms NBR20251576

Special Listing Condition Normal Sale

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United Country Midwest Lifestyle Properties

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