6 Unit Apt Bldg

Multi-Family for Sale
Catylist Listing ID: 30282060
Property Subtypes: Low-Rise/Garden, Other
Number of Units: 6 Units
Building Size (RSF): 3,264 SF
Sale Price: $159,500
Unit Price: $26,583.33 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/18/2019

Overview / Comments

6 Unit masonry bldg. 4 one bedroom units & 2 efficiency units. Bldg has basement with coin laundry machines & crawl space under the 2 efficiency apts. Bldg sits in a pleasant residential area. Call for income & expenses. Gross Income presently about $35,000 (March 2018). Bldg built about 1946. There are 4 - 1 bedroom apts & 2 efficiency apts. plus a 2 car attached garage. Bldg supplies heat and water. Some tenants have electric included as well. New high efficient gas furnace installed Oct 2016. Ingress - egress easement with property. Commercial zoning should allow a business to be located in one of the first floor units. Call City of Neenah planner to make sure.

Additional Details

Nearest MSA: Oshkosh-Neenah
County: Winnebago
Taxing Authority: Neenah
Tax ID/APN: 80405480000
Percent Occupied: 100%
Property Located Between: Lake St and Adams
Total Number of Buildings: 1
Property Condition: Average
Number of Stories: 2
Year Built: 1946
Construction/Siding: Block
Exterior Description: Masonry
Parking Type: Surface
Parking Description: Black Top Parking Lot.
Laundry: Shared
Sprinklers: Other
Heat Type: Natural Gas, Hot Water
Heat Source: Central
Fuel: Gas
Zoning Description: Commercial.
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,355 54,115 89,747
Median Age: 37.5 38.71 38.15
Households: 4,965 22,968 37,603


Photograph of Listing Agent

Michael Law

Law Realty LLC
WCIE Member
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