Bought with NON MLS MCB
$232,500
$229,900
1.1%For more information regarding the value of a property, please contact us for a free consultation.
10,454 Sqft Lot
SOLD DATE : 12/27/2024
Key Details
Sold Price $232,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1900158
Sold Date 12/27/24
Year Built 1965
Annual Tax Amount $1,623
Tax Year 2023
Lot Size 10,454 Sqft
Acres 0.24
Property Description
Income-Producing 4-Plex Investment Opportunity! This fully rented and cash-flowing ranch-style 4-plex is an investor's dream! Each of the four units is a recently renovated 1-bedroom, 1-bath space, currently renting for $650 per month, providing steady and reliable income. Electricity is metered separately, with tenants covering their own usage. Water, sewer, and gas are shared (one meter each), with tenants responsible for an even quarter of the total cost. The landlord covers common area electric. A brand-new roof installed just 1 year ago ensures low maintenance while outdoor parking spaces are available for tenants.This turnkey property requires minimal management while delivering consistent returns. A perfect addition to your portfolio! Don't miss out on this rare find!
Location
State WI
County Manitowoc
Zoning Comm
Rooms
Basement Crawl Space
Interior
Heating Electric
Cooling Electric
Flooring No
Exterior
Exterior Feature Aluminum
Parking Features Outdoor Space
Building
Water Municipal Sewer, Municipal Water
Schools
High Schools Two Rivers
School District Two Rivers Public
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