Bought with Wisconsin's Kettle Moraine Properties
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501 Main St Addison, WI 53002
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Key Details
Sold Price $369,900
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1595708
Sold Date 09/21/18
Year Built 1912
Annual Tax Amount $5,675
Tax Year 2017
Lot Size 10,890 Sqft
Acres 0.25
Property Description
The numbers work well on this one! $55,800/year gross income. Cash flowing 9-unit building in the heart of Allenton is ready for a new owner. Property consists of five 2 bedroom apartments, three 1 bedroom apartments plus a retail area that is currently used as a hair salon. The owner pays for the gas forced air heat in the three upper unit 2BR apartments & salon, common area electric and the entire water bill. The other 5 apartments have electric heat which the tenants pay for. The salon pays for it's own electric. Parking for 12 cars.
Location
State WI
County Washington
Zoning R-5 Multi-Famil
Rooms
Basement Full, Walk Out/Outer Door
Interior
Heating Electric, Forced Air, Indiv. Heating Units, Natural Gas
Cooling Electric, Forced Air, Indiv. Heating Units, Natural Gas
Flooring Unknown
Exterior
Exterior Feature Brick
Parking Features Outdoor Space
Roof Type Rubber
Building
Water Municipal Sewer, Municipal Water
Schools
Middle Schools Slinger
High Schools Slinger
School District Slinger
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Ben Gentile
Broker