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    1102 W 7TH

    Waterloo, IA 50702
    • $125,000
    • STATUS: Active
    • ON SITE: 82 days
    • MLS #: 20211197
    UPDATED: 59 min ago
    $125,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,193
      SQFT
    • $39
      $/SQFT
    Type:
    Multi-Family
    Built:
    1896
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Investment Opportunity! Projected Cap Rate of 15% - Main floor central air, Unit one has a porch, fireplace, 2 bathrooms. 3 currently rented there is a possible 4th apartment in basement. Needs Egress. Reroofed approx 5 years ago. 4 other properties - may sell as a bundle.

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    Listing information © 2021 Waterloo Cedar Falls Board of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS. Data last updated: 2021-06-22T23:53:25.373.

    Licensed in the State of Iowa.
    www.cedarvalleyhomesforsale.com/homes/115697186
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    1102 W 7TH Waterloo, IA 50702

    • Price: $125,000
    • Status: Active
    • Updated: 59 min ago
    • MLS #: 20211197
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,193
    SQFT
    $39
    $/SQFT
    1896
    Built
    County:
    Black Hawk
    Area:
    Black Hawk
    Elementary School:
    Irving Elementary
    Middle School:
    Central Intermediate
    High School:
    West High
    Property Description
    Investment Opportunity! Projected Cap Rate of 15% - Main floor central air, Unit one has a porch, fireplace, 2 bathrooms. 3 currently rented there is a possible 4th apartment in basement. Needs Egress. Reroofed approx 5 years ago. 4 other properties - may sell as a bundle.
    Exterior Features

    Exterior Cement Board Exterior Amenities Curbs/SidewalksFenced YardPorch-Enclosed Garage Stalls 2 Garage Type Attached Lot Reg Lot Description Corner Lot Lot Dimensions 64X10039X31 Off Street Parking Spaces 8 Parking Over 1 SpaceStreet Parking Road Frontage Hard Surface Road Roof Type Asphalt Siding Cement Asbestos Stories And Style 2 StoriesQuadruplex

    Interior Features

    Basement Block Cooling Central AirWindow Unit Heat Type Forced AirGas Laundry 1st FloorLower Level Sq Ft Down 1408 Sq Ft Main 1729 Sq Ft Second Level 1464 Sq Ft Third Level 0 Unit1 Baths 2 Unit1 Bedrooms 2 Unit2 Baths 1 Unit2 Bedrooms 1 Unit3 Baths 1 Unit3 Bedrooms 1

    Property Features

    Assessed Value 106410 Documents On File Lead Paint DisclosureSellers Disclosure Electric Expense 0 Electric Separate By Unit Yes Finance Type CashConventionalInsured Conventional Flood C/X - Not in Flood Plain Fuel Type Natural Gas Gross Income 19500 Gross Taxes 3068 Heat Separate By Unit Yes Heating Expense 0 Multifamily Type Fourplex Net Income 14132 Occupied By Renter Region Waterloo South 4 Sale Type Normal Sale Sewer Type City Tenant Responsible ElectricGas Terms Of Tenancy Over 9 Months Unit1 Rent 725 Unit2 Rent 435 Unit3 Rent 450 Utilities Available Cable Paid By IndividualElec Individual MetersGarbage in RentGas Individual MetersWater in Rent Water Separate By Unit Yes Water Sewer Expense 1600 Water Type City Zoning R-3

    Listing provided courtesy of Marguerite Pircer, Crs,Abr,Epro,Gri of Berkshire Hathaway Home Services One Realty Centre.


    Listing information © 2021 Waterloo Cedar Falls Board of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS. Data last updated: 2021-06-22T23:53:25.373.

    Licensed in the State of Iowa.
     
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    Amy Wienands Real Estate
    1730 W. Ridgeway Avenue
    Waterloo IA, 50701