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Property Details

Sold 04/15/2016 12:00 AM
115 South Madison St, Friesland, WI 53935 [MLS #: 1759145] $765,000
Listing Courtesy Of: Homestead Realty
Can We Help You? If you have a question or want to schedule an appointment to see this home, fill out the form below, and we will get right back to you. You can always contact us at (800) 236-1550.

Property Information

Low-Maintenance, Turn-Key 16-Unit Apartment Building Under One Roof. Built In 1992. No Basement To Maintain. Double Boiler Efficient Gas Heating System. Newer Roof, Newer Boilers, Newer Water Heaters. All 16 Units Have Dishwashers, Patio/Balcony And A Detached Garage. Professional Management In Place With A 5% Vacancy Rate. No More Large Capital Expenditures Due. Tax Assessment Lowered In 2015. Just Keep It Rented And Enjoy Lucrative Positive Cash Flow! Priced At A 7.56% Cap Rate, 7.06 Gim, And A 22% Roi!!

General Information

Room
Living Rm
Dining Area
Kitchen
Bedroom 1
Bedroom 2
Bedroom 3
Other Room
Unit Level
# Rooms
# Bedrooms
# Bathrooms
Heat Type
Elec. Paid By
Water Paid By
Est. SqFt
Rent/Vacant/OwnOcc
Car Stalls per Unit
Unit 1
 
 
 
 
 
 
(2) 1-Bed 
Varies 
700 
525.00 
 
 
 
 
Unit 2
 
 
 
 
 
 
(6) 2-Bed 
Varies 
800 
575.00 
 
 
 
 
Unit 3
 
 
 
 
 
 
(8) 3-Bed 
Varies 
900 
625.00 
 
 
 
 

Basic Details

0
0
Friesland
Columbia
53935
1759145
Multi-Family
Multi
Apartment Building
1992
Detached, Extra Storage
Sold

Lot Information

1.53

Additional Features

Vinyl
Gas
Natural Gas
Water Softener
None / Slab
Municipal Sewer, Municipal Water

School Information

Cambria-Friesland

Tax Information

$12,005
2014
11127-VFS 126 C

Directions

Highway 33 To North On Ef

Map

Value of a Home

Purchase price: $
Down payment: %
Mortgage term: years
Interest rate: %
Property tax: $
Property insurance: $
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Schools

Listing Courtesy Of: Homestead Realty
Source of data: WIREX