226 Palmer Drive, Waterloo, IA


Previous Next


Square feet

About 226 Palmer Drive

Nice upgrades such as LVP flooring. Property could be sold as a package deal with 2 additional 4 plexes in the same complex 215 Miriam Drive and 238 Palmer Drive. 100% Occupied 4 Unit Apartment Building. Gross Rents $2700 per month. Property to be sold as is. Buyer's inspections for informational purposes only. Bedroom and bathroom count and utilities to be confirmed by buyer. Seller financing available for a qualified buyer with $40,000 down payment. Monthly Rent Roll: Unit A: $675.00 Unit B: $675.00 Unit C: $620 Unit D: $675 Total yearly gross income: $31,740 Expenses: Tenants paying Electric, Gas, Water

Features of 226 Palmer Drive

MLS® # 20242298
Price $180,000
Square Footage 3,012
Acres 0.00
Year Built 1965
Type Residential Income
Sub-Type Fourplex
Status Active

Community Information

Address 226 Palmer Drive
City Waterloo
County Black Hawk
State IA
Zip Code 50702


Utilities Elec Individual Meters, Water - Multiple Meters
Parking Spaces 4
Parking Parking Space, None


Cooling Gas


Roof Flat

School Information

Elementary Kittrell Elementary
Middle Hoover Intermediate
High West High

Additional Information

Date Listed June 4th, 2024
Days on Market 41
Zoning R-3
Total Building Sq. Ft. 0.00
Gross Taxes $3,050

Listing Details

AgentLucas Burrington
OfficeBurrington Real Estate

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?