115 W Pearl St - Apartments FOR SALE


New Lisbon, WI 53950
$729,000 USD
608-847-6020
115 W Pearl St, New Lisbon, WI for Sale
$729,000 USD
Apartments - FOR SALE
1/46
null | Request Cap Rate

115 W Pearl St
New Lisbon, WI 53950


OVERVIEW

10 unit apartment building in the City of New Lisbon. If you're an investor looking for not only a solid investment now, but also amazing growth potential in the future, then look no further! Currently 9 of these units have long term tenants; one unit is a "blank canvas" and needs to be completed. Potential of 3 bedrooms, so another $1100/month of cash flow upon completion. In most cases, tenants pay utilities. Beautiful asphalt driveway, off street parking. A great location with walking distance to downtown. This historic New Lisbon landmark offers excellent cash flow. All appliances included and also two laundry areas for added income. Schedule your private tour today!

FOR SALE DETAILS

PRICE

$729,000 USD

PRICE/SF

$73 USD /SF

# OF UNITS

10

PRICE/UNIT

$72,900

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10 Unit Apartment Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1887

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

G2

APN/PARCEL ID

292610616.1

ASK ABOUT THIS PROPERTY

Diane SchroederCastle Rock RealtyMore Info
608-847-6020

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Diane SchroederCastle Rock RealtyMore Info
608-847-6020

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.