Seller's Agent in 2024
Phillip Shirk
AWRE - Commercial & Development
(319) 239-4446
78 Total Sales
1207 Meadow Ln Waterloo, IA 50701
Studio
--
Bath
2,392
Sq Ft
21,720
Sq Ft Lot
About This Home
As of August 2024Opportunity Awaits! This well-maintained 8-plex is perfect for starting or expanding your real estate portfolio. Featuring eight 1-bed, 1-bath units, with common area washer/dryer and detached garages. The property's prime location makes it an attractive option for tenants, ensuring strong rental potential. With over $55,000 in gross income, this turnkey property offers steady cash flow and potential appreciation. Don't miss this chance to own a quality multi-family complex.
Last Agent to Sell the Property
AWRE - Commercial & Development License #B63101000 Listed on: 07/10/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,312
Year Built
- Built in 1974
Lot Details
- 0.5 Acre Lot
- Lot Dimensions are 120x181x110x80x158
Home Design
- Membrane Roofing
- Vinyl Siding
Interior Spaces
- 2,392 Sq Ft Home
- Crawl Space
Laundry
- Laundry on main level
- Washer and Gas Dryer Hookup
Parking
- 7 Open Parking Spaces
- Parking Available
- Parking Garage Space
Schools
- Lou Henry Elementary School
- Hoover Intermediate
- West High School
Utilities
- Central Air
Listing and Financial Details
- Tenant pays for electricity, gas, heat
- Assessor Parcel Number 881305228043
Community Details
Overview
- 8 Units
Building Details
- Water Sewer Expense $2,904
- Gross Income $55,380
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/30/2024 08/30/24 | Sold | $500,000 | -4.8% | $209 / Sq Ft | |
| 07/22/2024 07/22/24 | Pending | -- | -- | -- | |
| 07/19/2024 07/19/24 | For Sale | $525,000 | 0.0% | $219 / Sq Ft | |
| 07/16/2024 07/16/24 | Pending | -- | -- | -- | |
| 07/11/2024 07/11/24 | For Sale | $525,000 | +50.0% | $219 / Sq Ft | |
| 07/20/2018 07/20/18 | Sold | $350,000 | 0.0% | $146 / Sq Ft | View Prior Sale |
| 06/05/2018 06/05/18 | Off Market | $350,000 | -- | -- | |
| 05/31/2018 05/31/18 | For Sale | $350,000 | -- | $146 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
Agents Affiliated with this Home
-
Phillip Shirk
-
Tyler Michaelsen
T
Seller's Agent in 2018
Tyler Michaelsen
Fischels Commercial Group
(319) 404-5933
5 Total Sales
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20242961
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Based on information submitted to the MLS GRID
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