1015 1/2 N Morrison St, Appleton, WI 54911

This upper/lower duplex is a profitable investment property with immediate positive cash flow. As an owner-occupied home and now as a two-family unit, a solid rental history has brought new life to this stately home in central Appleton. Close to downtown, schools, shopping and Interstate 41, the house is appealing inside and out. The open and spacious layouts on each floor make great use of natural light and hardwood floors for an inviting, feel-at-home atmosphere. Both kitchens provide ample cabinet and counter space for storage, food preparation and serving. The house has updated plumbing and electrical with a separate electric water heater and 100-amp service to each unit. Both bathrooms feature tubs with showers. Water and electricity are metered separately for billing purposes. One gas forced-air furnace serves both units. Heat is included in the rent to simplify billing from the single gas meter. All interior rooms have recently been cleaned and painted. A new driveway, gravel apron and detached two-car garage provide parking for four tenant vehicles. Porches and stairs provide front and rear access to both units. Low taxes and steady cash flow make this well-maintained house a great two-family duplex or owner-occupied rental property.