Bought with Matthias Matt • Caliber Group Property Management Co
$995,000
$995,000
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801 W 4th ST Waterloo, IA 50702
32,128 SqFt
Key Details
Sold Price $995,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 32,128 sqft
Price per Sqft $30
MLS Listing ID 20242530
Sold Date 09/16/24
Style Two or More Stories,Apartments (5+ Units)
Year Built 1910
Annual Tax Amount $12,606
Lot Dimensions 200x100
Property Sub-Type Multi-Family 5+
Property Description
Here's your opportunity to own The Colonial Towers, a prime investment opportunity nestled in the heart of Waterloo. This historic 24-unitcomplex boasts a range of desirable features, making it an ideal addition to any investor's portfolio. The property's recent upgradesinclude a brand new roof and soffit, ensuring long-term durability and minimal maintenance costs for years to come. Inside, tenants willappreciate the appeal of hard floors throughout, offering both aesthetic charm and easy upkeep. Conveniently situated in a centrallocation, residents enjoy quick access to a variety of amenities, including shopping centers, dining options, schools, and recreationalfacilities. Each unit within the complex offers comfortable living spaces designed to meet the needs of modern renters. From cozy 1bedrooms to spacious 2 bedroom layouts, there's something to suit every lifestyle preference. Additionally, off-street parking and on-sitelaundry provide added convenience for tenants, enhancing the overall appeal of the property. Whether you're an experienced investorlooking to expand your portfolio or a newcomer seeking a lucrative opportunity, this 24-unit apartment building presents an exceptionalchance to capitalize on Waterloo's thriving market. Don't miss out on the chance to make this prime property yours and schedule ashowing today! Sellers are licensed real estate agents in Minnesota and California
Location
State IA
County Black Hawk
Zoning C-1
Rooms
Basement Block
Interior
Heating Electric, Forced Air
Cooling Central Air
Fireplace N
Laundry Laundry Room
Exterior
Exterior Feature Deck
Parking Features Parking Area, Street Parking, None
Utilities Available Elec Individual Meters
View Y/N true
Roof Type Rubber
Building
Lot Description Corner Lot
Sewer City Sewer
Water City
Structure Type Stucco EIFS
Schools
Elementary Schools Irving Elementary
Middle Schools Central
High Schools West High
Others
Acceptable Financing NBR20242530
Listing Terms NBR20242530
Special Listing Condition Normal Sale
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