2414 HONEY LOU Court, Appleton, WI 54915, WI 54915
- $1,190,000
- 9,120
- SqFt
- List Price
- $1,190,000
- Status
- ACTIVE-NO OFFER
- MLS#
- 50331451
- Sq. Ft
- 9,120
- Acres
- 0.64
- Municipality
- Village of Fox Crossing
Property Description
Excellent investment opportunity, two 4-unit, townhouse-style buildings for a total of 8 units. 2414 Honey Lou Ct, Units A-D, and 239, 241, 243 and 245 Wilson Ave. The property is 100% occupied with long-term tenants and offers strong in-place cash flow, with annual rental income of $112,920 and NOI of approximately $91,951. At the $1,190,000 asking price, the property offers a 7.73% cap rate. Each unit features a spacious 3-bed, 1.5-bath townhouse-style layout w/ a full private basement. Low-maintenance brick exteriors help minimize ongoing ownership requirements, all utilities are paid by the tenants. Seller is a licensed agent
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Additional Information
- Style
- 2 Story, Apartment Building
- Foundation
- Poured Concrete
- Water
- Public
- Sewer
- Public Sewer
Courtesy of Foxcityhomes.Com, LLC
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