NOT LISTED FOR SALE

1928/1932 College St Unit several Cedar Falls, IA 50613

-- Bed
-- Bath
1,942 Sq Ft
322 Acres

Last Sold May 19, 2017

Last sale price $350,000 $180 Per Sq Ft

22 Days on Market

Highlights

  • 322 Acre Lot
  • Cooling Available
  • Ceiling Fan
  • Holmes Junior High School Rated A-
  • Forced Air Heating System
  • Level Lot

About This Home

As of May 2017

Rare investment opportunity with excellent rental record within walking distance of UNI campus and College Hill shopping. Landlord retiring. TO BE SOLD AS A TWO BUILDING PACKAGE.

Last Agent to Sell the Property

Steve Conrad

Lockard Realty Company License #S6205200 Listed on: 02/14/2017

Co-Listed By

Steve Knapp, GRI

Lockard Realty Company License #B03924000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,762

Year Built

  • Built in 1900

Lot Details

  • 322 Acre Lot
  • Lot Dimensions are 132x96x116
  • Level Lot
  • Additional Parcels

Home Design

  • Concrete Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Interior Basement Entry

Parking

  • 12 Open Parking Spaces
  • No Garage
  • Parking Available
  • On-Street Parking

Schools

  • Lincoln Elementary Cf
  • Holmes Junior High
  • Cedar Falls High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 89141316310

Community Details

Overview

  • 6 Units
  • Railroad Addition Subdivision

Building Details

  • Water Sewer Expense $1,739
  • Operating Expense $15,000
  • Gross Income $42,500
  • Net Operating Income $27,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,762

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Parcel Number: 89141316310
  • Year Built: 1900
  • Property Sub-Type: Multi-Family 5+
  • ResoLaundryFeatures: None
  • ResoLotFeatures: Level
  • Lot Size Acres: 322
  • Road Frontage Type: Hard Surface Road
  • Co List Office Mls Id: NBR40
  • Co List Office Phone: 319-277-8000
  • Co List Office Phone: 319-277-8000
  • MLS Status: Closed
  • Subdivision Name: Railroad Addition
  • Above Grade Finished Sq Ft: 1942
  • Architectural Style: Two Story, Apartments (5+ Units)
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete, Entrance-Inside, Floor Drain
  • Below Grade Sq Ft: 1942

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 12
  • Parking Features: None, On Street, Parking Space

Utilities

  • Cooling: Ceiling Fan(s), Electric
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Water in Rent
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 1739

Schools

  • Elementary School: Lincoln Elementary CF
  • High School: Cedar Falls High
  • Middle Or Junior School: Holmes Junior High

Lot Info

  • Zoning: R-4
  • Lot Dimensions: 132X96X116
  • Lot Size Sq Ft: 13992
  • Additional Parcels: Yes

Building Info

  • Builder Name: N/A

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: Over 9 Months

Multi Family

  • Gross Income: 42500
  • Operating Expense: 15000
  • Number Of Units Total: 6
  • Net Operating Income: 27500

Tax Info

  • Tax Annual Amount: 6762

Range of Values:

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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
05/19/2017 05/19/17 Sold $350,000 0.0% $180 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $349,900 -- $180 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Steve Conrad

    Lockard Realty Company

    (319) 415-4345

    13 Total Sales

    Steve Conrad
    Section Image

  • S

    Seller Co-Listing Agent in 2017

    Steve Knapp, GRI

    Lockard Realty Company

    (319) 493-4000

    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20170782

Northeast Iowa Regional Board of REALTORS®

Iowa Black Hawk County Cedar Falls 50613

1928/1932 College St Unit several, Cedar Falls, IA

This home is located at 1928/1932 College St Unit several, Cedar Falls, IA 50613 since 14 February 2017. This property was built in 1900. 1928/1932 College St Unit several is a home located in Black Hawk County with nearby schools including Lincoln Elementary School, Holmes Junior High School, and Cedar Falls 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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