Bought with Badgerland Real Estate & Associates, LLC
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420 S Franklin St Whitewater, WI 53190
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Key Details
Sold Price $900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1904302
Sold Date 04/03/25
Year Built 2024
Annual Tax Amount $11,852
Tax Year 2024
Lot Size 0.860 Acres
Acres 0.86
Property Description
Unique investment opportunity offering at over an 8.0 Cap Rate and $96,420 in annual income, with room to increase further by raising under rented units to market rents. The four units include (1) a newly constructed/renovated duplex with two four bed two bath units, (2) a five bed, two bath single family, and (3) a three bed two bath single family. All units share central parking. The property also includes a garage used for owner storage.
Location
State WI
County Walworth
Zoning R-3
Rooms
Basement Full
Interior
Heating Central Air, Hot Water/Steam
Cooling Central Air, Hot Water/Steam
Flooring No
Exterior
Exterior Feature Vinyl, Wood
Parking Features Outdoor Space
Building
Water Municipal Water
Schools
Middle Schools Whitewater
High Schools Whitewater
School District Whitewater Unified
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Ben Gentile
Broker