NOT LISTED FOR SALE
-- Bed
-- Bath
6,144 Sq Ft
1.56 Acres

Last Sold August 14, 2023

Last sale price $870,000 $142 Per Sq Ft

11 Days on Market

Highlights

  • 67,954 Sq Ft lot
  • Balcony
  • Central Air

About This Home

As of August 2023

Investor Alert to own 24 units in Waterloo! 22 of 24 Units have been updated with LVP flooring, trim, paint, and updated appliances. - All 24 units are 1 BD/1Bath - All Three 8 plex buildings have new steel roofs - Each unit has its own dedicated furnace, central air and water heater - Paved parking for all the tenants - Each 8 plex has its own common area with coin operated washer and dryers $152,000 gross yearly income

Last Agent to Sell the Property

Derick Rogers

Realty ONE Group Movement License #S69626000 Listed on: 06/11/2023

Realty ONE Group Movement

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,357

Year Built

  • Built in 1977

Lot Details

  • 1.56 Acre Lot
  • Lot Dimensions are 243.3x349

Home Design

  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 6,144 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Parking

  • 24 Open Parking Spaces
  • No Garage
  • Parking Available
  • Paved Parking

Schools

  • Irving Elementary School
  • Hoover Intermediate
  • West High School

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Assessor Parcel Number 891327430023

Community Details

Overview

  • 24 Units

Building Details

  • Water Sewer Expense $12,457
  • Gross Income $152,000
  • Net Operating Income $72,264

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,357

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Parcel Number: 891327430023
  • Year Built: 1977
  • Property Sub-Type: Multi-Family 5+
  • PropertyType: Residential Income
  • ResoLaundryFeatures: 1st Floor
  • Road Frontage Type: Hard Surface Road
  • Co List Office Phone: 319-260-2016
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 6144
  • Architectural Style: Two Story
  • Reso Roof: Metal
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None

Exterior Features

  • Construction Type: Aluminum Siding
  • Exterior Features: Balcony/Loft
  • Siding: Aluminum

Garage/Parking

  • Open Parking Spaces: 24
  • Parking Features: Parking Space, Paved, None

Utilities

  • Cooling: Central Air
  • Sewer: City Sewer
  • Utilities: Cable in Rent, Electric in Rent, Gas in Rent
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 12457

Schools

  • Elementary School: Irving Elementary
  • High School: West High
  • Middle Or Junior School: Hoover Intermediate

Lot Info

  • Zoning: R-3
  • Lot Dimensions: 243.3x349
  • Lot Size Sq Ft: 67954

Rental Info

  • Tenant Pays: Electricity, Gas, Heat
  • Lease Term: Over 9 Months,Month to Month

Multi Family

  • Gross Income: 152000
  • Number Of Units Total: 24
  • Net Operating Income: 72264

Tax Info

  • Tax Annual Amount: 17357.04

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $870,000 -2.2% $142 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/11/2023 06/11/23 For Sale $889,900 -- $145 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20232310

Northeast Iowa Regional Board of REALTORS®