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Prime Investment Opportunity – Solid Brick 5-Unit in Up-and-Coming Location! Located near the vibrant Waterloo Arts District and iconic destinations like the Beachland Ballroom and Tavern, this 5-unit brick building offers incredible potential for savvy investors. The property requires a full renovation but features two 1-bedroom units and three 3-bedroom, 1-bath units, with individual hot water heaters and furnaces—leaving the owner responsible only for water/sewer. Once updated and rented, this property is poised to gross approximately $65,000 annually and is perfectly suited for a Section 8 strategy. Don’t miss this chance to transform this building into a high-performing, cash-flowing asset!

Property Details of 14201 Westropp Avenue

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Listed by Russell Real Estate Services

Based on information submitted to MLS Now as of January 24, 2025 11:31 AM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. Listing information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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