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  • $675,000

    614 5TH AVENUE, Antigo, WI 54409

    --beds
    --baths
    --sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $469,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.

    Zillow last checked: 7 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#: 22202725MLS LogoOriginating MLS: Central WI Board of REALTORS

    Facts & features

    Interior

    Features
    • Has fireplace: No

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • 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
    Services availability
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    An equal housing lender. NMLS #10287.