NOT LISTED FOR SALE

1226 Langley Rd Waterloo, IA 50702

Hurst Neighborhood
-- Bed
-- Bath
12,108 Sq Ft
1976 Built

Last Sold October 01, 2024

Last sale price $1,400,000 $116 Per Sq Ft

59 Days on Market

Highlights

  • Central Air
  • Garage
  • Wood Siding

About This Home

As of October 2024

Prime Investment Opportunity! Discover an exceptional investment opportunity with this remarkable portfolio of multi-unit rental buildings. This exclusive package features a total of 28 units, comprising four four-plex buildings, one eight-plex, and an additional four-plex on Oleson Rd, offering a diverse array of rental options. Each unit welcomes you with an inviting open living space, available in either one-bedroom or two-bedroom layouts, complemented by a full bathroom. Additional amenities include both front and rear entrances, ensuring convenience and privacy, as well as ample off-street and rear parking spaces for residents. Situated close to various shops, parks, and schools, this investment not only ensures high tenant demand but also offers the potential for significant growth. Don't miss out on this incredible opportunity to secure a valuable asset in a thriving community!

Last Agent to Sell the Property

Mersiha Mustedanagic

Oakridge Real Estate License #B66301000 Listed on: 06/12/2024

Oakridge Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,562

Year Built

  • Built in 1976

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 12,108 Sq Ft Home
  • Crawl Space
  • Laundry in Hall

Parking

  • Garage
  • 28 Open Parking Spaces
  • Parking Available
  • On-Street Parking

Schools

  • Kittrell Elementary School
  • Hoover Intermediate
  • West High School

Utilities

  • Central Air
  • Window Unit Cooling System

Community Details

  • 28 Units
  • Water Sewer Expense $500

Listing and Financial Details

  • Tenant pays for electricity, gas, heat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,562

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Parcel Number: Multiple
  • Year Built: 1976
  • Property Sub-Type: Multi-Family 5+
  • PropertyType: Residential Income
  • ResoLaundryFeatures: In Hall
  • Co List Office Phone: 319-249-5468
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 12108
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Slab

Exterior Features

  • Construction Type: Vinyl Siding, Wood Siding
  • Siding: Vinyl,Wood

Garage/Parking

  • Open Parking Spaces: 28
  • Parking Features: Garage, Parking Area, Parking Space, Street Parking, Detached

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Sewer: City Sewer
  • Utilities: Other
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 500

Schools

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

Lot Info

  • Zoning: R-3
  • Lot Dimensions: multiple dim

Rental Info

  • Tenant Pays: Electricity, Gas, Heat
  • Lease Term: Other

Multi Family

  • Number Of Units Total: 28

Tax Info

  • Tax Annual Amount: 28561.78

Range of Values:

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Average Value
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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
10/01/2024 10/01/24 Sold $1,400,000 -7.9% $116 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $1,519,900 -- $126 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mersiha Mustedanagic

    Seller's Agent in 2024

    Mersiha Mustedanagic

    Oakridge Real Estate

    (319) 939-0730

    3 in this area

    147 Total Sales

    Mersiha Mustedanagic
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20242481

Northeast Iowa Regional Board of REALTORS®
Iowa Black Hawk County Waterloo 50702 Hurst

1226 Langley Rd, Waterloo, IA

This home is located at 1226 Langley Rd, Waterloo, IA 50702 since 12 June 2024. This property was built in 1976. 1226 Langley Rd is a home located in Black Hawk County with nearby schools including Kittrell Elementary School, Hoover Middle School, and West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northeast Iowa Regional Board of REALTORS® IDX information is provided exclusively for 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 not guaranteed.

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