Rick Burnett, ABR Rick Burnett, ABR, BPOR Broker/Owner 262 818 5488 My commitment is... Exceptional service...Always!

Paddock Lake (Salem, Wisconsin, US - 53168)
MLS® $479,000 10 Units Available


Attachments


"PRICED REDUCED!!"
 

POWER REALTORS


Rick Burnett, ABR
 
Rick Burnett, ABR
Email Rick
 
Phone: 262 818 5488
Cell: 262 818 5488
Fax: 262 468 3024
 
Details

Address: 24421 75th St Type: Multifamily Style:  Lot Type: Rectangular Lot Size:  0.51acres  Taxes: $9,725.81 (2009) MLS®: 1147466
 
Description

4 Commercial/Retail suites on the 1st floor, and 10 residential apartments above make this Mixed Use zoned building a great find for the right investor looking for cash flow. Newer roof, and furnace replaced approx 4 years. New Commercial grade water heater replaced in 2009. Possibility of combining 2 properties to the west of this building to create a beautiful new edition to the Paddock Lake Business area. Paddock Lake if PRO-GROWTH!

Total Units: 14
Sched Gross Income $ 8700
Vac Allow: 10
Gross Operating Inc. $ 104400
Total Operating Exp. $ 46020
Net Operating Income $ 47940
Laundry: Common
Inside Parking: 0
Outside Parking: 37
Occupied: Yes
Security Deposit: No
Code Comp: Yes
DILHR: Unknown
 
Features
Exterior Finish
 Brick  Wood
Heating
 Forced Air  Hot Water / Steam  Natural Gas
Roof
 Composition
Sewer/Water Systems
 Public  Well
Cooling
 Central Air
Brokered and Advertised by:   Lake To Lake Realty P2#18118089
 

Information is deemed to be correct but not guaranteed.