120-130 Sherwood Court, Waterloo, IA 50701

120-130 Sherwood Court, Waterloo, IA 50701
120-130 Sherwood Court, Waterloo, IA 50701
120-130 Sherwood Court, Waterloo, IA 50701
120-130 Sherwood Court, Waterloo, IA 50701
120-130 Sherwood Court, Waterloo, IA 50701
120-130 Sherwood Court, Waterloo, IA 50701
120-130 Sherwood Court, Waterloo, IA 50701
120-130 Sherwood Court, Waterloo, IA 50701
120-130 Sherwood Court, Waterloo, IA 50701
120-130 Sherwood Court, Waterloo, IA 50701
120-130 Sherwood Court, Waterloo, IA 50701
120-130 Sherwood Court, Waterloo, IA 50701
120-130 Sherwood Court, Waterloo, IA 50701
MLS ID #:
20181972

Property Address:
120-130 Sherwood Court
Waterloo, IA 50701

County:
Black Hawk

Region:
Waterloo South 1A

Year Built:
1977

Property Type:
Multi-unit

Sub-Type:
Five or More Units

Number of Units:
24

Elementary School:
Kingsley Elementary

Mid/Jr High School:
Hoover Intermediate

Sr. High School:
West High

Date Listed:
April 18th, 2018

Status:
Active

Price:
$690,000.00

Gross Taxes:
13369

Gross Income:
$0.00

Net Income:
$94,906.00 Actual

Occupant:
Renter

Tenant Responsible:
Electric, Gas, Heat

Terms of Tenancy:
Over 9 Months

Finance Type:
1031 Exchange, Cash, Conventional, Owner Finance

Sale/Rent:
For Sale

Sale/Lease Type:
Normal Sale

Docs on File:
Lead Paint Disclosure

Zoning:
R-3

Legal Desc:
SUMMIT ADDITION LOT 2 BLK 1 & VAC ALLEY ADJ ON E LOT 6 BLK 1 & LOT 5 BLK 1

Basement:
None

Laundry:
Laundry Room

Garage Type:
None

Parking:
Parking Area

Off-Street Parking:
40

Total Fin Sq Ft:
12,288 sq ft

Main Sq Ft:
6,144 sq ft

2nd Level Sq Ft:
6,144 sq ft

Lot Sq Footage:
67,953

Lot Dimensions:
200x350

Reg/Irreg:
Irreg

Acres:
1.560

Exterior:
Vinyl

Siding:
Vinyl

Roof Type:
Asphalt

Utilities Available:
Cable Paid by Individual, Elec Individual Meters, Gas Individual Meters, Water in Rent

Water Type:
City

Sewer Type:
City

Fuel Type:
Natural Gas

Water Sep by Unit:
Yes

Elec Sep by Unit:
Yes

Heat Sep by Unit:
Yes

Cooling:
Central Air

Flood Plain Class:
C/X - Not in Flood Plain

Remarks: Investment opportunity with great cash flow. 100% Occupied. 14 cap/NOI is $94,000+ /// Three 8 plexes with NEW ROOFS. 24 units. All 1 bed/1 bath. Approx 480 sf ft each. Landlord responsible for sewer and water, lawn & snow. Rent roll and income/expense reports available.
Realtor/Equal Housing Lender Listing provided courtesy of Structure Real Estate.
Listing Agent: Brian Wingert
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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