No brainer! Desirable 3BR, 1.5BA side x side townhouse includes full private basements and a detached two car garage. Tenants pay all utilities and take care of lawn/snow. Ideal for owner occupant or to lease both units. Want both rented? No problem. The unit kept open for showings is ready to lease and will likely command a high rent( $1600+?) The occupied unit is rented by a stable long term tenant at a below market rent with upside income potential. Excellent alternative to the stock market and a hedge against inflation. Rentals continue to demand and obtain all time high rents while interest rates remain competitive. Located on a quiet cul-de-sac street with views of the river. Convenient to schools, shopping, parks and historic downtown Watertown.
Sold for $410,000 on 05/13/25
$410,000
765 Nelson LANE #767, Watertown, WI 53098
6beds
2,456sqft
Multi Family, Duplex
Built in 1988
-- sqft lot
$417,500 Zestimate®
$167/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 22, 2025 at 08:39am
Listed by:
Michael Hellekson 920-988-9190,
Johnson & Hellekson Real Estate, LLC
Bought with:
Daniel A Bain
Source: WIREX MLS,MLS#: 1913815
Originating MLS: Metro MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Features
- Basement: Full,Concrete
- Has fireplace: No
Interior area
- Total structure area: 2,456
- Total interior livable area: 2,456 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, 2 Car
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 9,583 sqft
Details
- Parcel number: 29109153324017
- Zoning: TR-6
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Partial-Aluminum, Partial-Brick, Partial-Vinyl
Condition
- 21+ Years
- New construction: No
- Year built: 1988
Utilities & green energy
- Electric: 2 Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: 2 Electric Meters, 2 Gas Meters
Community & neighborhood
Location
- Region: Watertown
- Municipality: Watertown
Services availability

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