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139 N MAIN Oconto Falls, WI 54154

$147,000
3 Units  |  4,296 Square Feet  |  Multifamily   |   MLS # 50282481

Description

Fully occupied 3 Unit on Main St in downtown Oconto Falls. Monthly rents are $1,500. 2023 Estimated monthly expenses $627.41 - Monthly Cash Flow $872. All tenants are month to month w/60 day notice. Rent analysis indicates rents are 22% below market. Tenants pay their own heat & electric, landlord water. Washer/Dryer in each unit. Excellent owner occupy opportunity or conversion to commercial use (check with city). Less than 30 minute drive to greater Green Bay. 48 Hour minimum notice for showing requests.

Property Details

General

Total Units: 3

Square Feet: 4,296

Tax Amount: $1,754

New Construction?: No

Style: 2 Story,Apartment Building

Property Type: Multifamily

County: Oconto

Zoning: Commercial

Interior

Total Square Feet: 4,296

Sq. Ft. Above Grade: 4,296

Water Source: Municipal/city

Waste: Municipal Sewer Near

Heating/Cooling:

  • Forced Air
  • Heat Pump
  • Radiant

Heating Fuel: Natural Gas

# Garbage Disposals: 0

# Dishwashers: 0

# AC Units: 3

# Furnaces: 3

# Ranges: 3

# Refrigerators: 3

# Water Heaters: 3

Finances

Gross Annual Income: 18,000

Income Expense: 2,023

Gross Expenses: 7,529

Unit #1

Level #: Main

# Bedrooms: 3

# Full Baths: 1

# Half Baths: 0

Bedroom 1 Size: 11x11

Bedroom 2 Size: 11x15

Bedroom 3 Size: 10x10

Kitchen Size: 12x23

Living Room Size: 12x26

Garage Spaces: 1 Space

Total Sq. Feet: 1,820

Monthly Rent: Rent

Monthly Rent Amount: 525

Electricity Paid By: Tenant

Water Paid By: Landlord

Heat Paid By: Tenant

Unit #2

Level #: Upper

# Bedrooms: 2

# Full Baths: 1

# Half Baths: 0

Bedroom 1 Size: 11x12

Bedroom 2 Size: 11x9

Dining Room Size: 11x13

Kitchen Size: 11x9

Living Room Size: 16x12

Garage Spaces: 1 Space

Total Sq. Feet: 910

Monthly Rent: Rent

Monthly Rent Amount: 525

Electricity Paid By: Tenant

Water Paid By: Landlord

Heat Paid By: Tenant

Unit #3

Level #: Upper

# Bedrooms: 2

# Full Baths: 1

# Half Baths: 0

Bedroom 1 Size: 12x8

Bedroom 2 Size: 10x10

Kitchen Size: 12x12

Living Room Size: 12x19

Total Sq. Feet: 910

Monthly Rent: Rent

Monthly Rent Amount: 450

Electricity Paid By: Tenant

Water Paid By: Landlord

Heat Paid By: Tenant

Lot / Exterior

# Acres: 0.10

Schools

School District: Oconto Falls

Listing Broker

Simpson Realty

Directions & Map

Main St (Downtown) Oconto Falls


Listed By: Simpson Realty (OFF-D: 920-265-8804)

This listing was last updated by Simpson Realty on November 18, 2023, 1:58 pm.
Listing has been on the market for 209 days, since October 6, 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 12:15 pm.

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