Fantastic opportunity to own a charming multi-unit property in the highly sought-after downtown Waterloo area. This well-maintained home features 2 units. The Main Unit includes 2 Bedrooms, 1 Bathroom and Spacious living area with Sunroom. The Upstairs Unit includes 1 Bedroom, 1 Bathroom. This unit is Cozy and private, ideal for tenants or as a home office. Upstairs unit is all Electric. Additional Features include Separate fenced backyard-perfect for outdoor enjoyment or gardening, Prime location-within walking distance to shops, restaurants, and transit. Potential for strong rental income or multi-generational living. Perfect for investors, first-time buyers, or those looking for a live-in income property. Don’t miss out on this fantastic downtown Waterloo gem! Tenant pays all utilities.
There are TWO houses on this property! You could live in one and rent out the other to help pay that mortgage or a great investment property! The larger home has 3 bedrooms and 1 bath, the other is comparable to an efficiency apartment. The larger home was rehabbed this year with a new front porch, flooring, paint & hot water heater. There is a shed/garage in the back yard that is divided for each house. Refrigerator and range stay with each home. This property is just blocks from Main St where all the entertainment/restaurants are! 3BR rental properties are a rarity! Seller is selling as-is and to close after January 2nd. Duplicate listing of MLS# 24073944
Investment opportunity!! This property consist of two 1BR/1BA apartments and a commercial office space located in a high traffic location in downtown Waterloo. All units rent for $525 a month. Deposits $450 on apartments. One apartment is currently vacant. Refrigerator and stove in each apartment stays. Seller pays water. Tenants pay all other utilities. Central air in upstairs apartment. Window units in downstairs apartment & office. Square footage & year built unavailable through county records. Lot size will change: Garage & part of the parking lot will be deeded to adjoining property owner of 202 East 1st St.
Waterloo is located in Illinois. Waterloo, Illinois has a population of 10,906. Waterloo is less family-centric than the surrounding county with 30.87% of the households containing married families with children. The county average for households married with children is 32.64%.
The median household income in Waterloo, Illinois is $79,107. The median household income for the surrounding county is $92,950 compared to the national median of $69,021. The median age of people living in Waterloo is 40.4 years.
The average high temperature in July is 88 degrees, with an average low temperature in January of 22.3 degrees. The average rainfall is approximately 43.2 inches per year, with 11.6 inches of snow per year.