NOT LISTED FOR SALE

812 5th St NW Waverly, IA 50677

6 Beds
4 Baths
1,800 Sq Ft
8,175 Sq Ft Lot

Last Sold October 19, 2015

Last sale price $205,000 $114 Per Sq Ft

21 Days on Market

Highlights

  • Deck
  • Garage
  • Heating System Uses Steam
  • Laundry Room

About This Home

As of October 2015

Great investment opportunity! This building includes 2 - 1 bedroom units & 2 large, 2 bedroom units. Each unit has a garage with inside access to the building & laundry area. All units include a stove & refrigerator and apt 3 includes a dishwasher. Coin operated W/D. Gross rent = $2650 / month. Larger units include newer carpet, laminate flooring, & counter tops. NW Waverly location close to college. 2014 coin op income = $703.

Last Agent to Sell the Property

Frank Kenealy

RE/MAX Concepts - Waverly License #B56040000 Listed on: 08/31/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 8,175 Sq Ft Lot
  • Lot Dimensions are 75 x 109

Home Design

  • Quadruplex
  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Laundry Room

Parking

  • Garage
  • 4 Open Parking Spaces

Outdoor Features

  • Deck

Schools

  • Waverly / Shellrock Elementary And Middle School
  • Waverly / Shellrock High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up
  • Assessor Parcel Number 0534431011

Community Details

Overview

  • 4 Units

Building Details

  • Water Sewer Expense $150
  • Operating Expense $13,370
  • Gross Income $31,800
  • Net Operating Income $18,430

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Parcel Number: 0534431011
  • Year Built: 1970
  • Property Sub-Type: Fourplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Laundry Room
  • Lot Size Acres: 0.19
  • Co List Office Phone: 319-352-4146
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1800
  • Architectural Style: Two Story
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Below Grade Sq Ft: 1800

Exterior Features

  • Construction Type: Aluminum Siding, Brk Accent
  • Exterior Features: Deck
  • Siding: Aluminum

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gas, Steam
  • Sewer: City Sewer
  • Utilities: Gas in Rent, Water in Rent
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 150

Schools

  • Elementary School: Waverly / Shellrock
  • High School: Waverly / Shellrock
  • Middle Or Junior School: Waverly / Shellrock

Lot Info

  • Zoning: R-3
  • Lot Dimensions: 75 x 109
  • Lot Size Sq Ft: 8175

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up
  • Lease Term: Month To Month

Multi Family

  • Gross Income: 31800
  • Operating Expense: 13370
  • Number Of Units Total: 4
  • Net Operating Income: 18430

Tax Info

  • Tax Annual Amount: 5516

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
10/19/2015 10/19/15 Sold $205,000 -4.7% $114 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $215,000 -- $119 / 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: NBR20155634

Northeast Iowa Regional Board of REALTORS®