Income-producing opportunity! This 2-family property offers two 1-bedroom apartments, both currently fully rented with leases in place for the next year—providing immediate cash flow but does need exterior updating. Each unit features newer vinyl flooring throughout and hot water on demand. A smart investment with all separate utilities, with tenants paying ALL utilities including water and lawn maintenance, helping keep owner expenses low. Each unit also offers a bonus room perfect for a home office, den, or possible additional bedroom. Exterior features include a covered front porch, ample parking area, and convenient layout for tenants. Property does need TLC, making this a great chance for investors or handy buyers to add value and build equity over time. Affordable income property with upside potential—don’t miss this opportunity!
Directions: Starting from Main Street in downtown Waterloo go north on Virginia, take a right onto E. Elisha. House sits down a bit on the left side of the street.
Property Details
Property Id: 762995
Price: $ 110,000
Property Size:1,385.00 ft2
Property Lot Size:0.16 ac
Bedrooms: 2
Bathrooms: 2
Architectural Style: Duplex
Basement: Full
Bathrooms Full: 2
Bathrooms Total: 2
Bedrooms Total: 2
Building Sq Ft Total: 1385
Directions: Starting from Main Street in downtown Waterloo go north on Virginia, take a right onto E. Elisha. House sits down a bit on the left side of the street.
Electric: CircuitBreakers
Elementary School District: Waterloo
Flooring: Varies, Vinyl
Foundation Details: Stone
Gross Income: 21600
Heating: Gas, ForcedAir
High School District: Waterloo
Latitude: 42.905546
List Office Name: Howard Hanna
List Office Phone: 315-781-7653
List Price: 110000
Listing Id: R1674939
Living Sq Ft: 1385
Longitude: -76.85511
Lot Features: Rectangular, RectangularLot, ResidentialLot
Acres: 0.16
Lot Acres: 0.16
Lot Dimensions: 75X95
Middle School District: Waterloo
Status: Active
Operating Expense Includes: Insurance
Patio & Porch Features: Covered, Porch
Photos: 11
Possession: Closing
Postal City: Waterloo
Zip Code: 13165
Description: Income-producing opportunity! This 2-family property offers two 1-bedroom apartments, both currently fully rented with leases in place for the next year—providing immediate cash flow but does need exterior updating. Each unit features newer vinyl flooring throughout and hot water on demand. A smart investment with all separate utilities, with tenants paying ALL utilities including water and lawn maintenance, helping keep owner expenses low. Each unit also offers a bonus room perfect for a home office, den, or possible additional bedroom. Exterior features include a covered front porch, ample parking area, and convenient layout for tenants. Property does need TLC, making this a great chance for investors or handy buyers to add value and build equity over time. Affordable income property with upside potential—don’t miss this opportunity!
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