MLS Public Remarks Investment Opportunity!! 4 duplexes sitting on 8.94 acres. There are a total of 8, 2 bedroom, 1 bath apartments. Each apartment has their own single stall attached garage. Tenants pay all utilities, on natural gas and city sewer and water. Each unit also has their own small storage shed for extra storage space. 3 of the buildings have a metal roof and 1 building has 10 year old shingles. Apartments are in excellent condition with great rental history. There is the opportunity to add additional buildings as well on the extra land with this property. Very well cared for one owner rentals.
Location City
Other Marketing Area
Mailing City New Lisbon
C/T/V City
Unit #
Directions Hwy 12/16 To New Lisbon, L On Hwy 80, R On Taylor Rd, Corner Of Taylor And Allen Rd.
Number of Units 8
Year Built 1994
# Furnaces 8
Heating Type ForcAir
Heating Fuel Nat Gas
# Water Heaters 8
# Water Softeners 0
# Stoves 8
# Refrigerators 8
# Dish Washers 6
# Washers 8
# Dryers 8
# Units w/AC 0
Number of Efficiencies 0
Number of 1 Bedrooms 0
Number of 2 Bedrooms 8
Number of 3+ Bedrooms 0
Total Income 0
Total Expenses 15213
Net Operating Inc 44784
Year 2017
School District New Lisbon
High School New Lisbon
Middle New Lisbon
Elementary New Lisbon
Land Assessment $51,700
Improvements $524,800
Total Assessment $576,500
Net Taxes $15,213
Assessment Year 2017
Tax Year 2017
Owner
Zoning Multi
Subdivision
Name of Lake/River
Est. Total Acres 8.34
Source for Est. Total Acres PubR
Unit 1 Air conditioning, Eat-in kitchen, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc, Washer/dryer
Unit 2 Dishwasher, Eat-in kitchen, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc, Washer/dryer
Unit 3 Dining room, Dishwasher, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc, Washer/dryer
Unit 4 Air conditioning, Dining room, Dishwasher, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc, Washer/dryer
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Landlord Pays |
| Unit |
Bedrooms |
Full Baths |
Half Baths |
Lease Expiration Date |
Month Rent |
Fin Sq.Ft |
Parking |
Elec |
Heat |
W/S |
| 1 |
2 |
1 |
0 |
Mo to Mo |
$600 |
700 |
1 Car Garage |
No |
No |
No |
| 2 |
2 |
1 |
0 |
Mo to Mo |
$625 |
700 |
1 Car Garage |
No |
No |
No |
| 3 |
2 |
1 |
0 |
Mo to Mo |
$625 |
700 |
1 Car Garage |
No |
No |
No |
| 4 |
2 |
1 |
0 |
Mo to Mo |
$650 |
700 |
1 Car Garage |
No |
No |
No |
Items Included 8 stoves, 8 refrigerators, 2 dishwashers, 8 washers, 8 dryers, blinds, zero turn lawn mower, storage sheds and all extra hardware & repair supplies
Items Excluded Seller's and tenant's personal property.
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Crawl space
Type 1 story, Duplex
Parking per Unit 1 Car garage, 2 spaces, Attached
Barrier-free Features First floor bedroom, First floor full bath, Open floor plan, Ramped or level entrance, Ramped or lvl from garage
Exterior Vinyl
Waterfront
Terms
Utilities Sep elec meters each unit, Sep gas meters each unit, Separate water meters
Legal Documents Condition report on file, Joint driveway agreement
Miscellaneous Hi-Speed Internet Avail
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Castle Rock Realty Llc
