FANTASTIC INVESTMENT PROPERTY OVER 9% CAP RATE, Financial details available in associated documents, rent roll in excel tab. 8 Apartments (2bd, 1bth) and four commercial spaces all leased. Landlord pays 30% of common area utilities, all others are billed back to tenants. Gross Income Scheduled $91,320 with expenses $27,338 provides an estimated scheduled Net Operating Income of $63,982. That puts this property slightly above a 9% cap rate and it's 100% occupied and stabilized. This truly is a value for a seasoned or beginner investor.
Closed
$675,000
614 5TH AVENUE, Antigo, WI 54409
--beds
--baths
--sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$891 Estimated rent
Home value
Not available
Estimated sales range
Not available
$891/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 22, 2023 at 03:10am
Listed by:
OWEN JONES Phone:832-277-3093,
JONES REAL ESTATE GROUP
Bought with:
Owen Jones
Source: WIREX MLS,MLS#: 22202725
Originating MLS: Central WI Board of REALTORS
Originating MLS: Central WI Board of REALTORSFacts & features
Interior
Features
- Has fireplace: No
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.46 Acres
- Dimensions: .460
Details
- Parcel number: 2010432
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- 21+ Years
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Antigo
- Municipality: Antigo
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2023 | Sold | $675,000-2.9% |
Source:  WIREX MLS #22202725 | ||
| 10/21/2022 | Pending sale | $695,000 |
Source: WIREX MLS #22202725 | ||
| 10/17/2022 | Price change | $695,000-10.3% |
Source: WIREX MLS #22202725 | ||
| 6/10/2022 | Listed for sale | $775,000+55% |
Source: WIREX MLS #22202725 | ||
| 7/16/2021 | Listing removed | -- |
Source: CWMLS | ||
Public tax history
Tax history is unavailable.
Neighborhood: 54409
Nearby schools
GreatSchools rating
- 5/10Antigo Middle SchoolGrades: 4-7Distance: 0.4 mi
- 3/10Antigo High SchoolGrades: 8-12Distance: 1.2 mi
- 2/10North Elementary SchoolGrades: PK-3Distance: 0.5 mi
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