1116 Mulberry
Waterloo, IA 50703

Description

Great investment opportunity. Lower unit owner occupied and upper unit rented at $500/month. This investment could realize a 12.25% CAP rate by renting lower unit at same $500/month rate as upper level. Both units offer 2 bedrooms, kitchen, full bath, spacious living area and lots of storage. Property has been very well maintained. Gas and electric are separate, water and garbage are shared. Fenced yard and 2 car garage.

Details

MLS#20180925
Sub-TypeResale
StatusActive
Year1902
Days On Site66

Features

SQ Feet52,605
Units2

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Attachments

20180925_01.jpg

Area Information

StateIA
CountyBlack Hawk
CityWaterloo
Zip Code50703
AreaBlack Hawk
Listing VS Median (in 50703)
Price:
$69,000
low | high
Med:
$55,900
68.985507246377% of Average
SqFt:
52,605
low | high
Med:
766
100% of Average
$ / SqFt:
$1
low | high
Med:
$73
100% of Average
On Site:
66
low | high
Med:
66
100% of Average
Listing Updated: 06/17/2018
MLS Number: 20180925
Listing Provided By:
Scott Seeley GRI, CRS  of  RE MAX Home Group