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Sold for $1,400,000 on 10/01/24
  • $1,400,000

    1226 Langley Rd, Waterloo, IA 50702

    --beds
    --baths
    24,216sqft
    Apartment
    Built in 1976
    -- sqft lot
    $1,425,300 Zestimate®
    $58/sqft
    $1,043 Estimated rent

    Home value

    $1,425,300

    $1.25M - $1.62M

    $1,043/mo

    Zestimate® history
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    Owner options

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    $1,043/mo

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    $1,043/mo

    Rent Zestimate®

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    $7,610/mo

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    $7,610/mo

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    What's special

    Prime Investment Opportunity! Discover an exceptional investment opportunity with this remarkable portfolio of multi-unit rental buildings. This exclusive package features a total of 28 units, comprising four four-plex buildings, one eight-plex, and an additional four-plex on Oleson Rd, offering a diverse array of rental options. Each unit welcomes you with an inviting open living space, available in either one-bedroom or two-bedroom layouts, complemented by a full bathroom. Additional amenities include both front and rear entrances, ensuring convenience and privacy, as well as ample off-street and rear parking spaces for residents. Situated close to various shops, parks, and schools, this investment not only ensures high tenant demand but also offers the potential for significant growth. Don't miss out on this incredible opportunity to secure a valuable asset in a thriving community!

    Zillow last checked: 8 hours ago

    Listing updated: October 01, 2024 at 12:41pm

    Listed by:

    Mersiha Mustedanagic 319-939-0730,

    Vine Valley Real Estate

    Bought with:

    Matt Matthias, B686640

    Caliber Group Property Management Co

    Source: Northeast Iowa Regional BOR,MLS#: 20242481MLS Logo

    Facts & features

    Interior

    Cooling
    • Central Air, Window Unit(s)
    Appliances
    • Laundry: In Hall
    Features
    • Basement: Crawl Space,Slab
    Interior area
    • Total structure area: 24,216
    • Total interior livable area: 24,216 sqft
    • Finished area above ground: 12,108
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 28
    • Parking features: Garage, Parking Pad, Parking Space, On Street, Detached
    • Uncovered spaces: 28
    Details
    • Parcel number: Multiple
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Materials
    • Vinyl Siding, Wood Siding
    • Roof: Asphalt
    Condition
    • Year built: 1976

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Other

    Community & neighborhood

    Location
    • Region: Waterloo

    Price history

    DateEventPrice
    10/1/2024Sold$1,400,000-7.9%$58/sqft
    Source: Northeast Iowa Regional BOR #20242481
    6/13/2024Listed for sale$1,519,900$63/sqft
    Source: Northeast Iowa Regional BOR #20242481

    Public tax history

    Tax history is unavailable.

    Neighborhood: Hurst

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Kittrell Elementary
    • Middle: Hoover Intermediate
    • High: West High

    Source: Northeast Iowa Regional BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.