Bought with Realty Executives Premier
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Key Details
Sold Price $217,500
Property Type Multi-Family
Sub Type Duplex-side by side
Listing Status Sold
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $77
MLS Listing ID 1890813
Bedrooms 6
Full Baths 2
Half Baths 2
Year Built 1979
Annual Tax Amount $5,839
Tax Year 2019
Lot Size 0.280 Acres
Property Description
VPR $230,000-$250,000. CASH FLOW KING!!! Property rented out at $400/tenant, allowing for maximum cash flow. Current rents at $2,400/mo ($28,800 GRI) with previous high rents of $3,600/mo ($43,200 GRI). Financed as is, property is ready to perform a $445/mo cash flow with a 9.3% cash on cash return - WITH room to grow back to previous higher rents. Cash deal? Get ready for some thick mailbox money! Add this strong turnkey rental to your portfolio or keep your college student from throwing their rent money away to someone else. Property has 2 car garage (one for each unit) and 2 "additional" parking spaces per unit.
Location
State WI
County Walworth
Area Whitewater -C
Zoning R-3
Interior
Heating Forced air
Exterior
Garage 2 stall garage, Detached, 2 spaces, Outside
Utilities Available Separate elec meters, Separate gas meters, Separate water meters
Building
Water Municipal sewer, Municipal water
Structure Type Vinyl
Schools
Elementary Schools Call School District
Middle Schools Whitewater
High Schools Whitewater
School District Whitewater
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This information, provided by seller, listing broker, and other parties, may not have been verified.
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