Opportunity Awaits! This well-maintained 8-plex is perfect for starting or expanding your real estate portfolio. Featuring eight 1-bed, 1-bath units, with common area washer/dryer and detached garages. The property's prime location makes it an attractive option for tenants, ensuring strong rental potential. With over $55,000 in gross income, this turnkey property offers steady cash flow and potential appreciation. Don't miss this chance to own a quality multi-family complex.
Sold for $500,000 on 08/30/24
$500,000
1207 Meadow Ln, Waterloo, IA 50701
--beds
--baths
4,784sqft
Apartment
Built in 1974
-- sqft lot
$518,000 Zestimate®
$105/sqft
$1,187 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 31, 2024 at 04:01am
Listed by:
Phillip Shirk 319-239-4446,
AWRE - Commercial & Development
Bought with:
Jordan Porter, B66586
Berkshire Hathaway Home Services One Realty Centre
Source: Northeast Iowa Regional BOR,MLS#: 20242961
Facts & features
Interior
Cooling
- Central Air
Appliances
- Laundry: 1st Floor, Gas Dryer Hookup, Washer Hookup
Features
- Basement: Crawl Space
Interior area
- Total structure area: 4,784
- Total interior livable area: 4,784 sqft
- Finished area above ground: 2,392
- Finished area below ground: 0
Property
Parking
- Total spaces: 7
- Parking features: Parking Garage, Parking Space, Detached
- Uncovered spaces: 7
Lot
- Size: 0.50 Acres
- Dimensions: 120x181x110x80x158
Details
- Parcel number: 881305228043
- Zoning: R-4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Vinyl Siding
- Roof: Membrane
Condition
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Paid by Individual
Community & neighborhood
Location
- Region: Waterloo