Seller's Agent in 2022
Tyler Rasmussen
EPM, Iowa
(319) 560-3543
1 in this area
50 Total Sales
716 Randolph St Waterloo, IA 50702
Church Row Neighborhood
Studio
--
Bath
1,804
Sq Ft
0.32
Acre Lot
Highlights
- 0.32 Acre Lot
- Corner Lot
- Forced Air Heating System
About This Home
As of September 2022716 Randolph is a 12 unit building that are all 1 bedroom apartments. Current rent roll is at $5450. Latest Leases have been signed at $475 and have made water/sewer the responsibility of the tenants under a RUBS program. Rent Roll potential of $5700/month. With RUBS implemented on all units, expenses would be about $2,000 per month, putting NOI at $3700/month. Most of the units have been renovated, the ones that have not been renovated have long term residents. Listing agent is part owner of the property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,144
Year Built
- Built in 1971
Lot Details
- 14,069 Sq Ft Lot
- Lot Dimensions are 140 x 100
- Corner Lot
Home Design
- 1,804 Sq Ft Home
- Asphalt Roof
- Aluminum Siding
Laundry
- Washer and Gas Dryer Hookup
Parking
- 12 Open Parking Spaces
- No Garage
- Parking Available
- On-Street Parking
Schools
- Lowell Elementary School
- Bunger Middle School
- West High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Listing and Financial Details
- Tenant pays for electricity, gas, heat, water
- Assessor Parcel Number 891326406023
Community Details
Overview
- 12 Units
Building Details
- Electric Expense $1,970
- Water Sewer Expense $11,000
- Operating Expense $34,584
- Gross Income $65,400
- Net Operating Income $30,816
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Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2022 09/30/22 | Sold | $465,000 | -5.1% | $258 / Sq Ft |
| 07/26/2022 07/26/22 | Pending | -- | -- | -- |
| 04/26/2022 04/26/22 | For Sale | $490,000 | -- | $272 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
Agents Affiliated with this Home
-
Tyler Rasmussen
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20221700
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Listings courtesy of Northeast Iowa Regional Board of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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