12-unit apartment complex on Tainter Lake! Gorgeous lake views and cool character with large porch/patio lakeside, large parking lot and coin laundry onsite. Two efficiency units, nine one-bedroom units and one two-bedroom unit. Nice investment property at above market cap rate of 8.03%, with further upside available in rents.
Closed
$785,000
E6270 866th Avenue, Colfax, WI 54730
3beds
--sqft
Multi Family, Apartment
Built in 1940
-- sqft lot
$750,000 Zestimate®
$--/sqft
$1,091 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 17, 2023 at 06:06am
Listed by:
The Raven Team 715-832-2222,
C21 Affiliated
Bought with:
The Raven Team
Source: WIREX MLS,MLS#: 1577812
Originating MLS: REALTORS Association of Northwestern WI
Originating MLS: REALTORS Association of Northwestern WIFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric, Central Air, Baseboard
Cooling
- Central Air
Appliances
- Included: Washer, Dryer, Dishwasher, Range/Oven, Refrigerator
Features
- Basement: Full,Partially Finished,Walk-Out Access,Block
- Has fireplace: No
Interior area
- Living area range: 5001 or more Square Feet
- Finished area above ground: 5,300
- Finished area below ground: 3,100
Property
Features
- Patio & porch: Deck, Porch
- Waterfront features: Common Frontage, Lake, Waterfront
- Body of water: Tainter
Lot
- Size: 1.06 Acres
- Dimensions: 1 x 1 x
Details
- Parcel number: 1703822912160070069
- Zoning: Shoreline
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Log, Wood Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Colfax
- Municipality: Tainter