314 Lester Street, Waterloo, IA 50703

$85,000

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List Price
$85,000
Closing Date
Nov 15, 2026
MLS#
20265246
Status
PENDING
Type
Multifamily
Subtype
Residential Income
Year Built
1916
Acres
0.18
County
Black Hawk
City
Waterloo

Property Description

Great cash flow investment opportunity directly across from Gates Park! Fully rented triplex provides immediate cashflow. Unit 1-1 bed 1 bath with stove and refrigerator $475/mo. Unit 2-1 bed 1 bath with stove and refrigerator $525/mo. Unit 3-1 bed 1 bath with stove and refrigerator $375/mo. Each unit has its own electric meter. Owner currently pays water, snow removal & lawn care. Seller has proactively maintained units with multiple updates including: newer flooring, paint, cabinets, countertop, shower.

Additional Information

Unexempt Taxes
$1,044
Lot Size
7,776
Roof
Asphalt
Elementary School
Cunningham
Middle School
George Washington Carver Academy
High School
East High

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Listing courtesy of Oakridge Real Estate.