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2075 IMPERIAL Green Bay, WI 54302

$565,000
6 Units  |  4,896 Square Feet  |  Multifamily (3+ Unit)   |   MLS # 50272218

Description

Investor opportunity! 3 duplexes located on one lot. Each unit is 2BR 1Bath & full basement, making them an attractive option for renters. Low maintenance stucco exterior. Electric heat & separate utilities. Proforma val of $630k @ 10% cap rate and $786k @ 8% cap rate. Excellent potential for cash flow and returns on investment. The location of these duplexes is ideal being close to schools, shopping & entertainment options. This makes it a desirable rental option for tenants and increases its potential for profitability. Investors can take advantage of cost segregation & bonus depreciation to reduce their tax liability and increase cash flow potential. With the potential for over 25% cash on cash return, this is an outstanding opportunity to invest in real estate.

Property Details

General

Total Units: 6

Square Feet: 4,896

Tax Amount: $6,246

Tax Year: 2021

New Construction?: No

Style: 1 Story,2 side by side

Property Type: Multifamily (3+ Unit)

County: Brown

Zoning: Multi-family(5+units)

Interior

Total Square Feet: 4,896

Sq. Ft. Above Grade: 4,608

Water Source: Municipal Public Water

Waste: Municipal Sewer

Heating/Cooling: Other-see Remarks

Heating Fuel: Electric

# Garbage Disposals: 0

# Dishwashers: 0

# AC Units: 0

# Furnaces: 0

# Ranges: 6

# Refrigerators: 6

# Water Heaters: 6

Finances

Water Expenses: 1,977

Unit #1

Level #: Main

# Bedrooms: 2

# Full Baths: 1

# Half Baths: 0

Bedroom 1 Size: 11x11

Bedroom 2 Size: 12x11

Kitchen Size: 12x11

Living Room Size: 16x12

Other Room Size: 13x12

Total Sq. Feet: 768

Monthly Rent: Rent

Electricity Paid By: Tenant

Water Paid By: Landlord

Heat Paid By: Tenant

Unit #2

Level #: Main

# Bedrooms: 2

# Full Baths: 1

Bedroom 1 Size: 11x11

Bedroom 2 Size: 12x11

Kitchen Size: 12x11

Living Room Size: 16x12

Garage Spaces: Northeast WI MLS

Total Sq. Feet: 768

Monthly Rent: Rent

Monthly Rent Amount: 750

Electricity Paid By: Tenant

Water Paid By: Landlord

Heat Paid By: Tenant

Unit #3

Level #: Main

# Bedrooms: 2

# Full Baths: 1

# Half Baths: 0

Bedroom 1 Size: 11x11

Bedroom 2 Size: 12x11

Kitchen Size: 12x11

Living Room Size: 16x12

Other Room Size: 12x11

Total Sq. Feet: 768

Monthly Rent: Rent

Monthly Rent Amount: 650

Electricity Paid By: Tenant

Water Paid By: Landlord

Heat Paid By: Tenant

Unit #4

Level #: Main

# Bedrooms: 2

# Full Baths: 1

Bedroom 1 Size: 11x11

Bedroom 2 Size: 12x11

Kitchen Size: 12x11

Living Room Size: 16x12

Total Sq. Feet: 768

Monthly Rent: Rent

Monthly Rent Amount: 600

Electricity Paid By: Tenant

Water Paid By: Landlord

Heat Paid By: Tenant

Lot / Exterior

Lot Description: Cul-de-sac

Sq. Ft. of Lot: 15,507

# Acres: 0.36

Barrier Free Features:

  • 1st Floor Bedroom
  • 1st Floor Full Bath

Schools

School District: Green Bay Area

Listing Broker

Keller Williams Green Bay

Directions & Map

Main St to Bader, South on Bader to Imperial, Right on Imperial


Listed By: Keller Williams Green Bay (PREF: 920-609-3053)

This listing was last updated by Keller Williams Green Bay on April 28, 2023, 5:17 pm.
Listing has been on the market for 407 days, since March 22, 2023.

This information, provided by seller, listing broker, and other parties, may not have been verified.

Information received from other 3rd parties: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Paragon Real Estate Group nor RANW MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Copyright 2024 RANW MLS. All rights reserved. RANW MLS records were last updated on 05/02/2024 10:15 am.

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