Bought with Johnson Jo • RE/MAX Concepts - Waterloo
$65,000
$70,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
2,336 SqFt
SOLD DATE : 09/05/2025
Key Details
Sold Price $65,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,336 sqft
Price per Sqft $27
MLS Listing ID 20252728
Sold Date 09/05/25
Year Built 1909
Annual Tax Amount $1,100
Lot Dimensions 54x77
Property Sub-Type Quadruplex
Property Description
Investor Special – Value-Add Fourplex with Huge Upside! Opportunity knocks with this value-add fourplex! Located in a solid rental area, this property needs some TLC but offers incredible cash flow potential for the right investor. With a bit of vision and elbow grease, this fixer-upper could shine as a high-performing rental property or a lucrative flip project. Each unit offers its own layout and entrance, giving you flexibility for improvements and future tenant arrangements. Whether you're looking to expand your investment portfolio or take on your next renovation project, this one has the bones to become a cash-generating asset. This motivated seller has it priced to sell and full of opportunity—don't miss your chance to build equity and income with this property.
Location
State IA
County Black Hawk
Zoning C-2
Rooms
Basement Concrete
Interior
Cooling None
Fireplace N
Laundry Lower Level
Exterior
Parking Features Parking Pad, Attached
Utilities Available Other
View Y/N true
Roof Type Asphalt
Building
Sewer Public Sewer
Water Public
Structure Type Wood Siding
Schools
Elementary Schools Cunningham
Middle Schools Central
High Schools East High
Others
Acceptable Financing NBR20252728
Listing Terms NBR20252728
Special Listing Condition Normal Sale
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Brokerage | License ID: T06463000