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211 Madison Street

Waterloo, IA 50703
  • $1,830,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 20244370
UPDATED: 56 min ago
$1,830,000
  • 0
    BEDS
  • 1.53
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Information

Elementary School:
High School:

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!

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Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2024-10-14T07:42:00.53 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
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211 Madison Street Waterloo, IA 50703

  • Price: $1,830,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 56 min ago
  • MLS #: 20244370
0
Beds
0
Baths
0
½ Baths
1.53
Acres
1950
Built
Neighborhood:
Waterloo North 1
County:
Black Hawk
Area:
Waterloo North 1
Elementary School:
Highland Elementary
Middle School:
George Washington Carver Academy
High School:
West High
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!
Exterior Features

Architectural Style Two Story Construction Materials Stucco EIFS Lot Features Corner Lot Lot Size Dimensions 145 x 460 Open Parking Spaces 32 Parking Features Parking SpaceNone Regular Irregular Reg Road Frontage Type Hard Surface Road Roof Rubber Siding Stucco

Interior Features

Above Grade Finished Area 408 Basement BlockEntrance-Outside Below Grade Finished Area 408 Cooling Ceiling Fan(s) Heating Forced Air Laundry Features Lower Level Second Level Square Footage 408 Third Level Square Footage 0 Total Square Footage 1224

Property Features

Electric Separate By Unit Yes Flood Plain C/X - Not in Flood Plain For Sale Rent For Sale Fuel Type Natural Gas Heat Separate By Unit Yes Lease Term Over 9 Months Property Sub Type Multi-Family 5+ Sewer City Sewer Special Listing Conditions Normal Sale Tax Annual Amount 32163 Tenant Pays ElectricityGasHeatWater Utilities Elec Individual MetersGas Individual MetersWater - Multiple Meters Water Separate By Unit Yes Water Sewer Expense 0 Water Source City Zoning R-3



Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2024-10-14T07:42:00.53 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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Vine Valley Real Estate
808 E. 18th St.
Cedar Falls IA, 50613