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704 W 1st Street

Waterloo, IA 50701
  • $69,900
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 20263978
$69,900
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1915
County:

School Information

Elementary School:
Middle School:
High School:

Description

Up-and-down duplex with charming wood Craftsman features throughout. Each unit includes 1 bedroom, 1 bathroom, and a spacious living room. Total monthly rent potential is $1350, with the lower unit renting for $650 and the upper unit renting for $600. Tenants pay utilities,while the landlord covers water, averaging $278 per quarter. Both units feature newer appliances. With rents well above the 1% rule, thisis a strong investment opportunity and a must-see property. 2 separate furnaces.

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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 2026-09-06T23:41:44.737 (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.
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704 W 1st Street Waterloo, IA 50701

  • Price: $69,900
  • Status: Active
  • On Site: 16 Days
  • MLS #: 20263978
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1915
Built
County:
Black Hawk
Elementary School:
Irving Elementary
Middle School:
Central Ms - Waterloo Csd
High School:
West High
Property Description
Up-and-down duplex with charming wood Craftsman features throughout. Each unit includes 1 bedroom, 1 bathroom, and a spacious living room. Total monthly rent potential is $1350, with the lower unit renting for $650 and the upper unit renting for $600. Tenants pay utilities,while the landlord covers water, averaging $278 per quarter. Both units feature newer appliances. With rents well above the 1% rule, thisis a strong investment opportunity and a must-see property. 2 separate furnaces.
Exterior Features

Construction Materials Aluminum Siding Lot Features Multiple Houses Lot Size Dimensions 30x70 Open Parking Spaces 4 Parking Features On StreetNone Regular Irregular Reg Road Frontage Type Hard Surface Road Roof Asphalt Siding Aluminum

Interior Features

Above Grade Finished Area 892 Basement Block Below Grade Finished Area 892 Cooling Wall Unit(s) Heating Forced Air Laundry Features None Levels Two Second Level Square Footage 696 Third Level Square Footage 0 Total Square Footage 1604

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 Duplex Sewer Public Sewer Special Listing Conditions Normal Sale Tax Annual Amount 982.92 Tenant Pays Garbage Pick-upGasHeatTrash Collection Utilities Cable Paid by Individual Water Separate By Unit Yes Water Sewer Expense 69.5 Water Source Public Zoning R-1



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 2026-09-06T23:41:44.737 (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