Source:
Wisconsin Real Estate Exchange (WIREX)
MLS#716281903300
About the Property
Excellent investment opportunity, two 4-unit, townhouse-style buildings for a total of 8 units. 2414 Honey Lou Ct, Units A-D, and [hidden information] and 245 Wilson Ave. The property is 100% occupied with long-term tenants and offers strong in-place cash flow, with annual rental income of $112,920 and NOI of approximately $91,951. At the $1,190,000 asking price, the property offers a 7.73% cap ra
Excellent investment opportunity, two 4-unit, townhouse-style buildings for a total of 8 units. 2414 Honey Lou Ct, Units A-D, and [hidden information] and 245 Wilson Ave. The property is 100% occupied with long-term tenants and offers strong in-place cash flow, with annual rental income of $112,920 and NOI of approximately $91,951. At the $1,190,000 asking price, the property offers a 7.73% cap rate. Each unit features a spacious 3-bed, 1.5-bath townhouse-style layout w/ a full private basement. Low-maintenance brick exteriors help minimize ongoing ownership requirements, all utilities are paid by the tenants. Seller is a licensed agent
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