Ready for your next rental or first home that's affordable? This 3-bedroom, 1-bath home in Waterloo offers strong potential and immediate functionality. The property features original hardwood floors, natural woodwork, a spacious living room, and a separate kitchen with a breakfast bar—ideal foundations for easy cosmetic updates. A covered front porch, enclosed mudroom, and large backyard add curb appeal and tenant-friendly outdoor space. The unfinished basement provides laundry hookups and ample storage, plus room for future improvements to boost value. Located in a stable neighborhood across from a church and minutes from schools, this home offers consistent rental demand and long-term growth potential. A smart opportunity for investors seeking a reliable addition to their portfolio or first time home buyers looking for affordable and functional!