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1800 JEFFERSON Two Rivers, WI 54915

$2,399,000
32 Units  |  33,303 Square Feet  |  Multifamily   |   MLS # 50288206

Description

Discover a lucrative investment opportunity in Two Rivers, WI with this 4-story, apartment building boasting 32 units. Enjoy breathtaking vistas of Lake Michigan from this charming small-town locale, known for its high quality of life. The property promises great cash flow potential, with many units already remodeled. The property is within walking distance to many restaurants and shops. The property has 36 parking spots on-site. This is a great investment property.

Property Details

General

Total Units: 32

Square Feet: 33,303

Tax Amount: $22,912

New Construction?: No

Style: 4 or more Stories,Apartment Building

Property Type: Multifamily

County: Manitowoc

Zoning: Multi-family(5+units)

Miscellaneous:

  • Sprinkler System
  • Common Laundry
  • Elevator

Interior

Total Square Feet: 33,303

Sq. Ft. Above Grade: 33,303

Water Source: Municipal/city

Waste: Municipal Sewer Near

Heating/Cooling:

  • Central
  • Forced Air

Heating Fuel: Natural Gas

# Garbage Disposals: 0

# Dishwashers: 33

# AC Units: 32

# Furnaces: 33

# Ranges: 32

# Refrigerators: 33

# Water Heaters: 2

Unit #1

Level #: Lower

# Bedrooms: 1

# Full Baths: 1

# Half Baths: 0

Garage Spaces: None

Total Sq. Feet: 509

Monthly Rent: Rent

Monthly Rent Amount: 720

Electricity Paid By: Tenant

Water Paid By: Landlord

Heat Paid By: Tenant

Unit #2

Level #: Upper

# Bedrooms: 2

# Full Baths: 1

# Half Baths: 0

Garage Spaces: None

Total Sq. Feet: 775

Monthly Rent: Rent

Monthly Rent Amount: 970

Electricity Paid By: Tenant

Water Paid By: Landlord

Heat Paid By: Tenant

Unit #3

Level #: Lower

# Bedrooms: 1

# Full Baths: 1

# Half Baths: 0

Garage Spaces: None

Total Sq. Feet: 443

Monthly Rent: Rent

Monthly Rent Amount: 625

Electricity Paid By: Tenant

Water Paid By: Landlord

Heat Paid By: Tenant

Unit #4

Level #: Lower

# Bedrooms: 2

# Full Baths: 1

# Half Baths: 0

Garage Spaces: None

Total Sq. Feet: 689

Monthly Rent: Rent

Monthly Rent Amount: 810

Electricity Paid By: Tenant

Water Paid By: Landlord

Heat Paid By: Tenant

Lot / Exterior

Lot Description:

  • Corner Lot
  • Sidewalk

# Acres: 1.57

Barrier Free Features:

  • Elevator
  • Hall Width 36 Inches Or More
  • Level Lot

Schools

School District: Two Rivers

Listing Broker

Vision Realty & Development

Directions & Map

Interstate 43, to Hwy US-10 E, to Jefferson St.


Listed By: Vision Realty & Development

This listing was last updated by Vision Realty & Development on April 8, 2024, 10:01 am.
Listing has been on the market for 51 days, since March 12, 2024.

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 am.

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