Don't message me with no bs offer cause you will get cussed out. I had an offer for 65% and an offer for 150k at 225 a month. Let's not waste our time its not gonna go well thanks.
Turnkey Cash-Flowing Duplex – 1524 W 5th St
?Price: $150,000
Square Footage: 1,962 sq. ft.
Monthly Rent: $1,600 ($800/unit)
?Description: Incredible investment opportunity in Waterloo! This massive 1,962 sq. ft. duplex is fully occupied and generating immediate income. Both units are currently rented at $800/month, totaling $1,600 one has a PM so its just under 1,600 in gross monthly revenue.
?Seller Financing Available: Skip the bank! Seller is offering attractive financing terms to qualified buyers:
?20% Down Payment ($30,000)
?7% Interest Rate * Estimated P&I Payment: $798.36/mo
?With a total estimated monthly payment (including taxes/insurance) Must get insurance yourself right away. Roughly $1,083, this property nets over $500/month in cash flow. Perfect for a 1031 exchange or a hands-off investor looking for a strong cap rate.
?Key Features: * Fully Rented (Zero vacancy at close)
?Separate utilities
?Spacious 981 sq. ft. units
?Prime location near local amenities
?Would you like me to generate a few high-quality exterior photos of a Waterloo-style duplex to help visualize the listing?
77 days
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147
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5
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Listed by:
Property Owner(319) 961-0665
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.