About 211 Madison Street
Discover a lucrative investment opportunity with this 32-unit property in Waterloo. Ideal for investors seeking a stable income stream, this well-maintained complex offers spacious two-bedroom, one-bathroom units with full basements. 32 Rental Units: Solid history of 95%+ occupancy Two-Bedroom, One-Bathroom Units: Comfortable and practical layouts. Full Basements: Additional storage space for tenants. Tenant Responsibilities: Electric, water, gas, and sewer bills, ensuring efficient cost management. Landlord Responsibilities: Trash, lawn care, and snow removal, providing added convenience for tenants. This prime location offers easy access to local amenities, schools, hospitals, and transportation. Don't miss out on this exceptional investment opportunity. Contact us today to schedule a viewing!
Features of 211 Madison Street
| MLS® # | 20244370 |
|---|---|
| Price | $1,830,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,224 |
| Acres | 1.53 |
| Year Built | 1950 |
| Type | Residential Income |
| Sub-Type | Multi-Family 5+ |
| Style | Two Story |
| Status | Active |
Community Information
| Address | 211 Madison Street |
|---|---|
| City | Waterloo |
| County | Black Hawk |
| State | IA |
| Zip Code | 50703 |
Amenities
| Utilities | Elec Individual Meters, Gas Individual Meters, Water - Multiple Meters |
|---|---|
| Parking Spaces | 32 |
| Parking | Parking Space, None |
| Is Waterfront | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Ceiling Fan(s) |
| Fireplace | No |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Roof | Rubber |
School Information
| Elementary | Highland Elementary |
|---|---|
| Middle | George Washington Carver Academy |
| High | West High |
Additional Information
| Date Listed | September 29th, 2024 |
|---|---|
| Days on Market | 16 |
| Zoning | R-3 |
| Short Sale | No |
| RE / Bank Owned | No |
| Has Openhouse | No |
Listing Details
| Agent | Tyler Rasmussen |
|---|---|
| Office | EPM, Iowa |