Located in the heart of downtown Waterloo, this triplex offers a solid investment opportunity at an unbeatable price per unit. The property features two main floor units and one upper-level unit, with two of the three currently rented. When fully occupied, it brings in over $1,600 per month in gross rent. Owner currently pays all utilities. While the property could use some TLC, there’s plenty of upside for a buyer ready to make improvements and raise rents. With its central location and value-add potential, this is a great option for both investors and handy owner-occupants. Don't miss your chance to build equity and cash flow in a growing downtown corridor!
For sale
$80,000
1113 Mulberry St, Waterloo, IA 50703
--beds
--baths
1,948sqft
Est.:
Triplex
Built in 1897
-- sqft lot
$84,000 Zestimate®
$41/sqft
$-- HOA
What's special
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