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3-unit multifamily property featuring three 1 bed/1 bath apartments and shared basement laundry. Located in a prime downtown Waterloo area, this property offers strong investment potential. Currently generating $1,965/month with rents below market value, providing opportunity for increased cash flow. Property is being sold as-is and requires significant repairs, including structural, roof, and interior work. Priced accordingly, this is an ideal opportunity for investors looking to add value, build equity, and expand their portfolio. *May not qualify for conventional financing, but a great opportunity for commercial, construction loans or cash.*
| LAST UPDATED | 3/30/2026 | YEAR BUILT | 1870 |
|---|---|---|---|
| COUNTY | Jefferson | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| School District | Waterloo |
|---|---|
| Elementary School | Waterloo |
| Jr. High School | Waterloo |
| High School | Waterloo |
| ADDITIONAL DETAILS | |
| APPLIANCES | Cooktop, Dryer, Refrigerator |
|---|---|
| BASEMENT | Full, Yes |
| CONSTRUCTION | Other |
| LOT | 0.31 acre(s) |
| MLS STATUS | Active |
| PARKING | None |
| SEWER | Public Sewer |
| TAXES | 1435 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with Elevate Estates Realty Co.
Information is supplied by seller and other third parties and has not been verified.
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