$1,650,000

211 Madison Street, Waterloo, IA 50703

  • 1,224 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon1.53acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,348/sqft
  • Property List Date Icon Listed 7 months ago

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!

Listing Status:
Active
Listing Office:
EPM, Iowa : 319-560-3543
Listing Agent:
Tyler Rasmussen :
MLS ID:
20244370
  • Laundry: Lower Level
  • Basement: BlockEntrance-Outside
  • A/C: Ceiling Fan(s)
  • Heating: Forced Air

This listing courtesy of Tyler Rasmussen, EPM, Iowa

Location

Schools Nearby

H

Highland Elementary School

812 Idaho St, Waterloo, IA, 50703

Grades PK-5

0.29 miles away

G

George Washington Carver Academy

1505 Logan Ave, Waterloo, IA, 50703

Grades 6-8

2.22 miles away

W

Waterloo West High School

425 E Ridgeway Ave, Waterloo, IA, 50702

Grades 9-12

2.74 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.