801 W 4th Street, Waterloo, IA

$1,095,000

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32,128

Square feet

About 801 W 4th Street

Here's your opportunity to own The Colonial Towers, a prime investment opportunity nestled in the heart of Waterloo. This historic 24-unit complex boasts a range of desirable features, making it an ideal addition to any investor's portfolio. The property's recent upgrades include a brand new roof and soffit, ensuring long-term durability and minimal maintenance costs for years to come. Inside, tenants will appreciate the appeal of hard floors throughout, offering both aesthetic charm and easy upkeep. Conveniently situated in a central location, residents enjoy quick access to a variety of amenities, including shopping centers, dining options, schools, and recreational facilities. Each unit within the complex offers comfortable living spaces designed to meet the needs of modern renters. From cozy 1 bedrooms to spacious 2 bedroom layouts, there's something to suit every lifestyle preference. Additionally, off-street parking and on-site laundry provide added convenience for tenants, enhancing the overall appeal of the property. Whether you're an experienced investor looking to expand your portfolio or a newcomer seeking a lucrative opportunity, this 24-unit apartment building presents an exceptional chance to capitalize on Waterloo's thriving market. Don't miss out on the chance to make this prime property yours and schedule a showing today! Sellers are licensed real estate agents in Minnesota and California

Features of 801 W 4th Street

MLS® # 20240894
Price $1,095,000
Square Footage 32,128
Acres 0.00
Year Built 1910
Type Residential Income
Sub-Type Multi-Family 5+
Style Two Story, Apartments (5+ Units)
Status Active

Community Information

Address 801 W 4th Street
City Waterloo
County Black Hawk
State IA
Zip Code 50702

Amenities

Utilities Cable Paid by Individual, Elec Individual Meters
Parking Spaces 12
Parking On Street, Parking Area, None

Interior

Heating Electric, Forced Air
Cooling Central Air

Exterior

Exterior Features Deck
Lot Description Corner Lot
Roof Rolled/Hot Mop, Rubber

Lease Information

Price Type Gross

School Information

Elementary Irving Elementary
Middle Central
High West High

Additional Information

Date Listed March 8th, 2024
Days on Market 72
Zoning C-1
Total Building Sq. Ft. 0.00
Gross Taxes $12,606

Listing Details

AgentLindsey Bierman
OfficeEpique Realty

Listing Map

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