Menu
<< Back to Search

215 WISCONSIN New London, WI 54961

$205,000
5 Units  |  2,661 Square Feet  |  Multifamily   |   MLS # 50283305

Description

Great Investment Opportunity! Walking district to Festival Foods, Bars, & Laundry. 5 unit with great cash flow & some room to go up! Several good long term tenants-2 tenants have been there 12 & 7 yrs respectively. Interiors of the units are in good condition and well maintained. The exterior is in need of some TLC - siding, soffits, and facia. NO Gov financing! Cash, Conventional, or Commercial only. Located on a large double lot, 2 gravel drives, & great backyard. Roof was replaced 7 years ago. Home is on a crawl space & this is 100 yr flood plain. Each unit has it's own hot water heater & electric sub panel. LL pays water & sewer. Unit 5 Right Rear - Rent: $480 Tenant pays E & G, LL pays water/sewer 438 sq ft. 1 Bed BEING SOLD AS IS! Please allow 48 hours for binding acceptance.

Property Details

General

Total Units: 5

Square Feet: 2,661

Lot Size: 120x115

Tax Amount: $2,216

New Construction?: No

Style: 2 Story,Other-See Remarks

Property Type: Multifamily

County: Waupaca

Zoning: Other-see Remarks

Miscellaneous:

  • Cable
  • High Speed Internet Avail

Interior

Total Square Feet: 2,661

Sq. Ft. Above Grade: 2,661

Water Source: Municipal/city

Waste: Municipal Sewer Near

Heating/Cooling: Forced Air

Heating Fuel: Natural Gas

# Garbage Disposals: 0

# Dishwashers: 0

# AC Units: 0

# Furnaces: 5

# Ranges: 5

# Refrigerators: 5

# Water Heaters: 5

Finances

Gross Annual Income: 30,660

Water Expenses: 92

Insurance Expenses: 60

Miscellaneous Expenses: 21

Unit #1

Level #: Main

# Bedrooms: 2

# Full Baths: 1

# Half Baths: 0

Bedroom 1 Size: 14x9

Bedroom 2 Size: 14x9

Kitchen Size: 10x7

Living Room Size: 14x12

Garage Spaces: 1 Space,No

Total Sq. Feet: 613

Monthly Rent: Rent

Monthly Rent Amount: 500

Electricity Paid By: Tenant

Water Paid By: Landlord

Heat Paid By: Tenant

Unit #2

Level #: Upper

# Bedrooms: 1

# Full Baths: 1

# Half Baths: 0

Bedroom 1 Size: 12x9

Kitchen Size: 9x9

Living Room Size: 19x14

Garage Spaces: 1 Space,None

Total Sq. Feet: 572

Monthly Rent: Rent

Monthly Rent Amount: 375

Electricity Paid By: Tenant

Water Paid By: Landlord

Heat Paid By: Tenant

Unit #3

Level #: Main

# Bedrooms: 1

# Full Baths: 1

# Half Baths: 0

Bedroom 1 Size: 17x8

Dining Room Size: 11x10

Kitchen Size: 12x7

Living Room Size: 13x12

Garage Spaces: 1 Space,None

Total Sq. Feet: 516

Monthly Rent: Rent

Monthly Rent Amount: 600

Electricity Paid By: Tenant

Water Paid By: Landlord

Heat Paid By: Tenant

Unit #4

Level #: Upper

# Bedrooms: 1

# Full Baths: 1

# Half Baths: 0

Bedroom 1 Size: 14x11

Kitchen Size: 13x6

Living Room Size: 19x11

Garage Spaces: 1 Space,None

Total Sq. Feet: 522

Monthly Rent: Rent

Monthly Rent Amount: 600

Electricity Paid By: Tenant

Water Paid By: Landlord

Heat Paid By: Tenant

Lot / Exterior

Lot Description: Sidewalk

# Acres: 0.32

Barrier Free Features:

  • Level Drive
  • Level Lot

Schools

School District: New London

Elementary School: New London

Middle School: New London

High School: New London

Listing Broker

Coldwell Banker Real Estate Group

Directions & Map

N Water Street to north on Wisconsin St near Festival Foods.


Listed By: Coldwell Banker Real Estate Group

This listing was last updated by Coldwell Banker Real Estate Group on December 15, 2023, 12:33 am.
Listing has been on the market for 189 days, since October 26, 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 8:15 pm.

REQUEST ADDITIONAL INFORMATION

I'd like to schedule a showing.

MORTGAGE CALCULATOR

*Note the monthly payment estimate does not include property taxes or insurance.