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704 W 1st St, Waterloo, IA, 50701

--beds
--baths
1,604sqft
$79,900
$50price/sqft
$719/moest. monthly cost
$28,760/yrincome needed

About This Home

Up-and-down duplex with charming wood Craftsman features throughout. Each unit includes 1 bedroom, 1 bathroom, and a spacious living room. Total monthly rent is $1,345, with the lower unit renting for $595 and the upper unit renting for $750. Tenants pay utilities, while the landlord covers water, averaging $278 per quarter. Both units feature newer appliances. With rents well above the 1% rule, this is a strong investment opportunity and a must-see property.

Getting Around

65
WalkingSomewhat Walkable
31
TransitSome Transit
86
BikeVery Bikeable

Schools

2/10
Irving Elementary SchoolGrades K-50.5 mi
1/10
Central Middle SchoolGrades 6-82.6 mi
3/10
West High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1915

Materials

  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Laundry features: None

Basement

  • Has basement: Yes
  • Basement: Concrete

Features

  • Finished area below ground: 696
  • Finished area above ground: 892

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,604
  • Total interior livable area: 1,604 sqft

Property

Details

  • Parcel number: 891326177010
  • Zoning: R-1
  • Special condition: Standard

Features

  • Levels: Two

Lot

  • Lot size: 2,100 sqft
  • Lot size dimensions: 30x70

Parking

  • Total spaces: 4
  • Parking features: On Street,None
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4