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130 N 12th Pl,  Whitewater,  WI  53190-1270 $230,000 Sold
130 N 12th Pl,  Whitewater,  WI  53190-1270
$230,000
Sold
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 Property Type Multi Family
 Parcel # /W00002
 County Walworth
 Sub Area S25
 Municipality Whitewater
 MLS# 1890813
 Listing Date 08/13/2020
 Sold Price $217,500
 Close Date 12/14/2020 12:00 AM

MLS Public Remarks  VPR $230,000-$250,000. CASH FLOW KING!!! Property rented out at $400/tenant, allowing for maximum cash flow. Current rents at $2,400/mo ($28,800 GRI) with previous high rents of $3,600/mo ($43,200 GRI). Financed as is, property is ready to perform a $445/mo cash flow with a 9.3% cash on cash return - WITH room to grow back to previous higher rents. Cash deal? Get ready for some thick mailbox money! Add this strong turnkey rental to your portfolio or keep your college student from throwing their rent money away to someone else. Property has 2 car garage (one for each unit) and 2 "additional" parking spaces per unit.
Documents and Related Links  
1) Additional Information
2) RECR
3) Amendment to Condition Report
* 5 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Whitewater
  • C/T/V  City
  • Unit #  
  • Directions  From Downtown Whitewater West On Main To 12th Place, North To Home On Left
    • BUILDING INFO  
  • Number of Units  2
  • Year Built  1979
  • # Furnaces  2
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  0
  • # Stoves  2
  • # Refrigerators  2
  • # Dish Washers  2
  • # Washers  2
  • # Dryers  2
  • # Units w/AC  2
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  0
  • Number of 3+ Bedrooms  2
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  
    • ASSESSMENT/SCHOOLS   
  • School District  Whitewater
  • High School  Whitewater
  • Middle  Whitewater
  • Elementary  Call School District
  • Land Assessment  $96,000
  • Improvements  $185,900
  • Total Assessment  $281,900
  • Net Taxes  $5,839
  • Assessment Year  2019
  • Tax Year  2019
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  R-3
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.28
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Air conditioning, Dishwasher, Family/Rec. room, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Washer/dryer
  • Unit 2  Air conditioning, Dishwasher, Family/Rec. room, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Washer/dryer
  • Unit 3  
  • Unit 4  
    • Landlord Pays
    Unit Bedrooms Full Baths Half Baths Lease Expiration Date Month Rent Fin Sq.Ft Parking Elec Heat W/S
    1 3 1 1 05/31/2021 $1200 1,400 1 Car Garage No No No
    2 3 1 1 06/16/2021 $1200 1,400 1 Car Garage No No No
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included range x 2, fridge x 2, dishwasher x 2, washer x 2, dryer x 2
    Items Excluded 
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Finished, Sump pump
    • EXTERIOR FEATURES  
  • Type   Duplex
  • Parking per Unit  2 Car garage, 2 spaces, Detached, Outside
  • Barrier-free Features  
  • Exterior  Vinyl
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit, Separate water meters
  • Legal Documents  Lease(s) on file
  • Miscellaneous  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Exp Realty, Llc