211 Madison Street, Waterloo, IA 50703

$1,650,000

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List Price
$1,650,000
Price Change
▼ $40,000 1741591936
MLS#
20244370
Status
ACTIVE
Type
Multifamily
Subtype
Residential Income
Year Built
1950
Acres
1.53
County
Black Hawk
Area
Waterloo North 1
City
Waterloo

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!

Additional Information

Unexempt Taxes
$32,163
Lot Size
66,845
Roof
Rubber
Elementary School
Highland Elementary
Middle School
George Washington Carver Academy
High School
West High

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of EPM, Iowa.