Dick Schmitz
BEDS0
BATHS
MLS#2017827
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLPlatteville
Listing Courtesy of:
RE/MAX Advantage Realty
Agency Phone: 608-330-4191
Property Description
High-yield triplex generating $23,400 in gross annual rents with approximately a 10% cap rate at the current list price. Tenants pay all utilities, keeping owner expenses low. Annual expenses include property taxes, insurance, and maintenance reserve, resulting in an estimated NOI of $18,000+. SEE ASSOCIATED DOCS FOR INVESTMENT ANALYSIS. Three 1-bedroom units with off-street parking. Appliances included. One unit has forced air heat; two have radiant heat. Simple, efficient, income-producing asset with strong day-one returns. Brand new roof, siding, gutters & downspouts.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Fuel Type: Natural Gas
Home Style: 2 story
Stories: 2.0
Taxes: $2,046
Year Built: 1900
Units
Unit 1:
Bedrooms: 1
Full Baths: 1
Parking Description: 2 Space
Square Feet: 730
Unit 2:
Bedrooms: 1
Full Baths: 1
Parking Description: 1 Space
Square Feet: 540
Unit 3:
Bedrooms: 1
Full Baths: 1
Parking Description: 1 Space
Square Feet: 419
Amenities
Vinyl
Feature Descriptions
Basement: Partial, Block foundation
Days on Site: 2
Exterior: Vinyl
Units: 3
Water/Waste: Municipal sewer, Municipal water
Local Schools
High School: Platteville
Middle School: Platteville
School District: Platteville
Listed By / Shown By
Listed By
Agency Name: RE/MAX Advantage Realty
Agency Phone: 608-330-4191
Shown By
Agent Name: Dick Schmitz
Agent Phone: (608) 225-6066
Agency Title: Stark Company Realtors
Estimate Your Payment
Estimated Payment
$ 1,176.96 per month $953.99 Principal & Interest $170.50 Property Tax $52.47 Homeowner's InsuranceChange Payment Information
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835 Lancaster Street | MLS# 2017827
This multi-family property located at 835 Lancaster Street, Platteville, WI 53818 is currently listed for sale with an asking price of $179,900. Lancaster Street is located within the Platteville school district. Search Platteville real estate on dschmitz.starkhomes.com today.