2414 HONEY LOU CT, Appleton, WI 54915-6216
2414 HONEY LOU CT, Appleton, WI 54915-6216
2414 HONEY LOU CT, Appleton, WI 54915-6216
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Listed by Foxcityhomes.Com, LLC
$1,190,000
Est. payment /mo
12 Beds
8 Baths
9,120 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active-Offer no Bump

Purchase Type For Sale

Square Footage 9,120 sqft

Price per Sqft $130

Municipality Village of Fox Crossing

MLS Listing ID 50331451

Bedrooms 12

Year Built 1972

Annual Tax Amount $12,580

Lot Size 0.640 Acres

Acres 0.64

Property Sub-Type Multi Family

Source ranw

Property Description

Excellent investment opportunity featuring two 4-unit, townhouse-style buildings for a total of 8 units: 2414 Honey Lou Ct, Units A-D, and 239, 241, 243 & 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 $88,567. At the $1,190,000 asking price, the property offers a 7.44% cap rate. Each unit features a spacious 3-bed, 1.5-bath townhouse-style layout with a full private basement. Low-maintenance brick exteriors help minimize ongoing ownership requirements, and all utilities are paid by the tenants. Seller is a licensed real estate agent.

Location

State WI

County Winnebago

Zoning Commercial

Interior

Heating Forced Air

Exterior

Parking Features Outside

Utilities Available Sep Electric Meter, Sep Gas Meter, Sep Water Meter/Unit

Building

Foundation Poured Concrete

Sewer Public Sewer

Water Public

Structure Type Brick,Shake Siding

Schools

School District Menasha


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Nearby Locations

Alex Laroux
Alex Laroux

Broker

+1(920) 573-1478 | alex@empsales.com

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