NOT LISTED FOR SALE

3728 W 9th St Waterloo, IA 50702

9 Beds
5 Baths
4,368 Sq Ft
0.46 Acres

Last Sold February 16, 2024

Last sale price $710,000 $163 Per Sq Ft

64 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating and Cooling System
  • Garage

About This Home

As of February 2024

Calling all investors here is a great investment opportunity that do not come available often. 12 plex that has been converted to condo status for real estate tax reasons. They all have separate county parcel numbers. Located close to Mercy One, Daycare, Friendship Village, Columbus School and shopping. (11) 2-bedroom units, & (1) 1-bedroom, common coin operated laundry and storage room. Fully rented. 8 garage stalls plus off-street parking stalls. Rental amounts are below market and vary in rental amounts. 6 are at $600 per month. Owner paid gas and electric average $218 monthly. Each unit has separate gas & electric meters. Need notice for showings and will only be a few units to get inside. To see all the units will be after a offer is presented and buyer provides proof of funds or Lender pre qualification letter.

Last Agent to Sell the Property

Rick Bauer

RE/MAX Concepts - Waterloo License #B18473000 Listed on: 10/17/2023

RE/MAX Concepts - Waterloo

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,817

Year Built

  • Built in 1975

Lot Details

  • Additional Parcels

Home Design

  • Membrane Roofing
  • Asphalt Roof
  • Vinyl Siding

Laundry

  • Laundry Room
  • Laundry on lower level
  • Washer Hookup

Parking

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

Schools

  • Lou Henry Elementary School
  • Hoover Intermediate
  • West High School

Utilities

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

Community Details

  • 12 Units
  • Water Sewer Expense $380

Listing and Financial Details

  • Tenant pays for electricity, gas, heat

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,817

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Parcel Number: Multiple
  • Year Built: 1975
  • Property Sub-Type: Multi-Family 5+
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Laundry Room, Lower Level, Washer Hookup
  • Lot Size Acres: 0.46
  • Road Frontage Type: Hard Surface Road, On Bus Line
  • Co List Office Phone: 319-232-7100
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4368
  • Architectural Style: Two or More Stories, Apartments (5+ Units), Condo
  • Reso Roof: Membrane, Asphalt
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Below Grade Sq Ft: 4368

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 16
  • Parking Features: Assigned, Garage, On Street, Parking Garage, Parking Space, Street Parking, Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Water in Rent
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 380

Schools

  • Elementary School: Lou Henry
  • High School: West High
  • Middle Or Junior School: Hoover Intermediate

Lot Info

  • Zoning: R-4
  • Lot Dimensions: 100'x200'
  • Lot Size Sq Ft: 20004
  • Additional Parcels: Yes

Rental Info

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

Multi Family

  • Number Of Units Total: 12

Tax Info

  • Tax Annual Amount: 13817

Range of Values:

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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 List to Sale Price per Sq Ft
02/16/2024 02/16/24 Sold $710,000 -4.1% $163 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
12/18/2023 12/18/23 For Sale $740,000 0.0% $169 / Sq Ft
12/18/2023 12/18/23 Price Changed $740,000 -5.1% $169 / Sq Ft
11/18/2023 11/18/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $780,000 -- $179 / 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: NBR20234441

Northeast Iowa Regional Board of REALTORS®