Bought with Shorewest Realtors, Inc.
$540,000
$545,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
0.53 Acres Lot
SOLD DATE : 10/08/2021
Key Details
Sold Price $540,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1755799
Sold Date 10/08/21
Year Built 1998
Annual Tax Amount $4,835
Tax Year 2020
Lot Size 0.530 Acres
Acres 0.53
Property Description
Please check out the images that show the cash flow. This is an investors dream to get 9% Cap Rate. There are 4 units to be rented and 1 workshop creating 5 units of rental income. Per the seller ''Well put in July 2021.'' There is a 2 year lease at $950 per month (As opposed to $895 per month on the workshop as of 8-3-2021.) Owner financing is available upon request. Great opportunity to build up an investment portfolio.
Location
State WI
County Jefferson
Zoning MULTI
Rooms
Basement None
Interior
Heating Natural Gas
Cooling Natural Gas
Flooring No
Exterior
Exterior Feature Partial-Brick, Vinyl
Parking Features Outdoor Space
Roof Type Composition
Building
Water Municipal Sewer, Private Well
Schools
High Schools Oconomowoc
School District Oconomowoc Area
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6614 Meredith Way, McFarland, Wisconsin, 53558, United States