Outstanding Investment opportunity! 7.50 CAP rate! Ten townhouse units with garages,brick exterior,nestled on over two private wooded acres. Two buildings-9 identical townhouse units with 873 sq ft main level dining room, dining area/slider to patio, kitchen with appliances and laundry hook up. Upper level with two bedrooms and baths. Tenth unit has 360 sq ft addition of family room with fireplace and 2nd main door bath plus upper two bedrooms and bath for a total of 1233 sq ft. Each unit has one car detached garage plus additional parking. Buildings have efficient geothermal units for heating and cooling. Parcel consists of ten back lots of Austin grove subdivision on Austin lake. There is also approval from city to put a du-plex on property if desired. Lot size: 512 x 292. Fully occupied. Close to shopping,portage schools,parks,work. Private setting and abundant wildlife.
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