3-unit multifamily property featuring three 1 bed/1 bath apartments and shared basement laundry. Located in a prime downtown Waterloo area, this property offers strong investment potential. Currently generating $1,965/month with rents below market value, providing opportunity for increased cash flow. Property is being sold as-is and requires significant repairs, including structural, roof, and interior work. Priced accordingly, this is an ideal opportunity for investors looking to add value, build equity, and expand their portfolio. *May not qualify for conventional financing, but a great opportunity for commercial, construction loans or cash.*
Features
3 bedrooms
3 bathrooms
945 sq. ft. floor area
crop_free0.31 ac. lot size
cottageMulti-Family
Property history for 173 N Monroe St
2016
Sold
$35,000
25 Oct 2016 by Karen Zellmer, of RE/MAX Community Realty
Happy sellers in Waterloo
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Local market activity for 3 bedroom multi families in Waterloo
Sold
For Sale
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