$174,900
$174,900
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6594 CAMERON AVENUE Vesper, WI 54489
12 Beds
8 Baths
4,109 SqFt
Key Details
Sold Price $174,900
Property Type Multi-Family
Sub Type Eightplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,109 sqft
Price per Sqft $42
MLS Listing ID 22005727
Sold Date 11/04/20
Style Other
Bedrooms 12
Year Built 1900
Tax Year 2019
Property Sub-Type Eightplex
Property Description
Growth Opportunity: 8-plex along Hemlock Creek in an excellent location and within minutes from Wisconsin Rapids. Three 2 bedroom/1 bath units and five 1 bedroom/1 bath units. Many long term tenants and an excellent estimated purchase cap rate above 10%. Ask for a full report on estimated monthly cash flow, Cash on Cash return, NOI and Purchase Cap rate. Updates include siding, windows and concrete sidewalks/patio and steps in 2017. Rolled roof is approximately 10 years old, new furnace in Apartment 2 in 2019. Ask for list of other improvements such as upgraded kitchen appliances and new hot water heater. Ample parking, large lot, central location, close to city park and other amenities.
Location
State WI
County Wood County
Area Wisconsin Rapids
Zoning Commercial
Interior
Interior Features Smoke Detector
Laundry Hook-up in Some
Exterior
Roof Type Flat
Building
Lot Description From Wisconsin Rapids: W Grand to 17th Ave, R on 17 Ave, L on Bonow Ave to Cameron Ave
Sewer Y
Others
Tax ID 29-00097
Energy Description Electric,Natural Gas
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