211 Madison St, Waterloo, IA 50703
600 Rossville Road, Waukon, IA 52172
Sweeney Real Estate Office: (563) 568-4170
Email: office@sweeneyrealestate.com
Website: www.sweeneyrealestate.com
MLS ID #:
NBR20244370
Property Address:
211 Madison St
Waterloo, IA 50703
Waterloo, IA 50703
County:
Black Hawk
Region:
Waterloo North 1
Year Built:
1950
Property Type:
Residential Income
Sub-Type:
Multi-Family 5+
Architectural Style:
Two Story
Number of Units:
32
Elementary School:
Highland Elementary
Mid/Jr High School:
George Washington Carver Academy
Sr. High School:
West High
Date Listed:
September 29th, 2024
Status:
Active
Price:
$1,690,000.00
Gross Taxes:
$32,163.00
Tenant Responsible:
Electricity, Gas, Heat, Water
Sale/Rent:
For Sale
Terms/Lease:
Over 9 Months
Sale/Lease Type:
Normal Sale
Docs on File:
Lead Paint Disclosure
Zoning:
R-3
Legal Desc:
See abstracts
Laundry:
Lower Level
Basement:
Block, Entrance-Outside
Garage Type:
Parking Space, None
Garage/Parking:
Parking Space, None
Off-Street Parking:
32.00
Stories:
Two Story
Total Fin Sq Ft:
1,224 sq ft
Fin Below Grade:
408 sq ft
Above Grade Finished:
408 sq ft
Lot Sq Footage:
66,845
Lot Dimensions:
145 x 460
Reg/Irreg:
Reg
Acres:
1.53
Lot Features:
Corner Lot
Road Frontage:
Hard Surface Road
Siding:
Stucco
Construction:
Stucco EIFS
Roof Type:
Rubber
Utilities Available:
Elec Individual Meters, Gas Individual Meters, Water - Multiple Meters
Water Type:
City
Sewer Type:
City Sewer
Fuel Type:
Natural Gas
Water Sep by Unit:
Yes
Elec Sep by Unit:
Yes
Heat Sep by Unit:
Yes
Heating:
Forced Air
Cooling:
Ceiling Fan(s)
Flood Plain Class:
C/X - Not in Flood Plain
Remarks: 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 provided courtesy of EPM, Iowa.Listing Agent: Tyler Rasmussen
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. The data is deemed reliable but is not guaranteed accurate by the MLS.
