303 NW 3rd Street, Waverly, IA 50677

$197,500

bedrooms

bathrooms

square feet

2,064

Acreage

0.2

Open Houses

year built

1897

Full Baths

Half Baths

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This property boasts an unbeatable location, situated near Fareway, local coffee shops, the vibrant downtown area, The W Wellness Center, and Wartburg College. Its prime location makes it an ideal investment opportunity for those looking to capitalize on the demand for rental properties in a bustling community. Recent updates include a complete repaint of both the house and garage siding, ensuring a fresh and modern appearance. The hardwood floors on the first floor have been refurbished, adding warmth and character to the living spaces, while the interior repaint enhances the overall aesthetic. This investment property features two units, each with two bedrooms and one bath, making it perfect for attracting tenants. Each unit is equipped with two A/C systems (installed in 2012) and two furnaces (installed in 2008), ensuring comfort year-round. Additionally, there are two water heaters for optimal efficiency. Tenants are responsible for all utilities except for snow removal, providing a straightforward management process for the owner. With its excellent location and well-maintained features, this property presents a fantastic opportunity for investors looking to tap into a thriving rental market. Don't miss out on this chance to invest in a property that combines convenience, comfort, and potential for strong rental income. ACT QUICKLY

Location
Subdivision	-
County	Bremer
Elementary School	Waverly / Shellrock
Middle School	Waverly / Shellrock
High School	Waverly / Shellrock

Driving directions

Open houses

None scheduled.

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MLS number: 20251483

Listing agent: Romeo Djoumessi,Rene #S66160000

Listing broker: Signature Realty Lc (319) 231-6426

Copyright © 2025 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Wednesday, April 9 2025 at 3:08 p.m. EDT

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