604 W Seerley Boulevard, Cedar Falls, IA 50613

604 W Seerley Boulevard, Cedar Falls, IA 50613
604 W Seerley Boulevard, Cedar Falls, IA 50613
604 W Seerley Boulevard, Cedar Falls, IA 50613
604 W Seerley Boulevard, Cedar Falls, IA 50613
604 W Seerley Boulevard, Cedar Falls, IA 50613
604 W Seerley Boulevard, Cedar Falls, IA 50613
604 W Seerley Boulevard, Cedar Falls, IA 50613
604 W Seerley Boulevard, Cedar Falls, IA 50613
604 W Seerley Boulevard, Cedar Falls, IA 50613
604 W Seerley Boulevard, Cedar Falls, IA 50613
604 W Seerley Boulevard, Cedar Falls, IA 50613
604 W Seerley Boulevard, Cedar Falls, IA 50613
604 W Seerley Boulevard, Cedar Falls, IA 50613
604 W Seerley Boulevard, Cedar Falls, IA 50613
604 W Seerley Boulevard, Cedar Falls, IA 50613
604 W Seerley Boulevard, Cedar Falls, IA 50613
604 W Seerley Boulevard, Cedar Falls, IA 50613
604 W Seerley Boulevard, Cedar Falls, IA 50613
604 W Seerley Boulevard, Cedar Falls, IA 50613
604 W Seerley Boulevard, Cedar Falls, IA 50613
MLS ID #:
20184327

Property Address:
604 W Seerley Boulevard
Cedar Falls, IA 50613

County:
Black Hawk

Region:
Cedar Falls South 2

Year Built:
1922

Property Type:
Multi-unit

Sub-Type:
Triplex

Number of Units:
3

Elementary School:
Lincoln Elementary CF

Mid/Jr High School:
Peet Junior High

Sr. High School:
Cedar Falls High

Date Listed:
August 7th, 2018

Status:
Active

Price:
$349,900.00

Gross Taxes:
$5158

Gross Income:
$35,400.00 Actual

Net Income:
$28,399.00 Projected

Occupant:
Renter

Tenant Responsible:
Electric, Garbage, Gas, Heat, Lawn Care, Snow Removal, Trash, Water

Terms of Tenancy:
Over 9 Months

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

Sale/Rent:
For Sale

Sale/Lease Type:
Normal Sale

Docs on File:
Legal Description, Rental Certificate, Sellers Disclosure

Zoning:
R-2

Legal Desc:
Lot 1 Block 19 Normal Addition

Unit #1:
3 Bed, 1 Bath, Kitchen, Living Room, Dining Room, Refrigerator, Stove, Washer/Dryer, $825.00 Rent

Unit #2:
3 Bed, 1 Bath, Kitchen, Living Room, Dining Room, Refrigerator, Stove, Washer/Dryer, $825.00 Rent

Unit #3:
4 Bed, 1.5 Bath, Kitchen, Living Room, Dining Room, Refrigerator, Stove, Washer/Dryer, $1,300.00 Rent

Basement:
Block, Concrete, Entrance-Inside, Floor Drain, Finished-Partly

Laundry:
Laundry Room, Lower Level

Garage Stalls:
2

Garage Type:
Attached

Parking:
Parking Area,Parking Spaces,Street Parking

Off-Street Parking:
11

Stories:
Over 2 Stories, Triplex

Total Fin Sq Ft:
3,441 sq ft

Main Sq Ft:
1,384 sq ft

2nd Level Sq Ft:
768 sq ft

3rd Level Sq Ft:
339 sq ft

Lot Description:
Corner Lot

Lot Sq Footage:
8,712

Lot Dimensions:
66x132

Reg/Irreg:
Reg

Acres:
0.020

Road Frontage:
Paved Road Frontage

Exterior:
Vinyl

Siding:
Vinyl

Roof Type:
Asphalt

Exterior Amentities:
Curbs/Sidewalks, Porch-Covered

Utilities Available:
Elec Individual Meters, Gas Individual Meters, Separate Meters, Water Individual Meters

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

Heating:
Forced Air, Gas

Cooling:
Ceiling Fan, Central Air

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

Remarks: Great investment opportunity in good condition inside & out just 3 blocks from UNI campus located diagonally across from Seerley Park at Iowa St. Spacious apartments w/ nicely updated kitchens & baths. (2) 3-bdrm apts (rent @ $825/mo ea) & (1) 4-bdrm apt (rent = $1300/mo) w/ plenty of off-street parking to satisfy City rental regulations (up to 13 stalls). Fully occupied & leased through May 2019. Based on good cosmetic condition & location the 3 bdrm unit rents should be higher. Updates include 200 amp elect service & gas FA furnaces/central A/C units all in 2003, windows 2003-2012, shingles 2010, water heaters 2010-2014. One of the nicer older conversion-style units on the Hill. Main floor & bsmt units share water & HVAC. Utilities for upper unit are all separate.
Realtor/Equal Housing Lender Listing provided courtesy of Structure Real Estate.
Listing Agent: Bruce Wingert, CRS
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.

Property Location Map


View Larger Map