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Listed by Christopher Crumlish Christopher Crumlish
$225,000
Est. payment /mo
2,015 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,015 sqft
Price per Sqft $111
MLS Listing ID 1979940
Year Built 1880
Acres 0.16
Property Sub-Type Multi-Family
Property Description
Remarks [MLS Description] (Ac Mgr): Investor opportunity! Income-producing multi-unit featuring immediate cash flow, multiple income streams, and massive value-add potential. Perfect fit for portfolio expansion or an owner-operator looking for house-hacking upside. CURRENT RENTAL ROLL ($2,100/mo Total): - Downstairs 1 Bed / 1 Bath: $650/mo - Downstairs 1 Bed / 1 Bath: $700/mo - Upstairs 2 Bed / 1 Bath: $750/mo VALUE-ADD POTENTIAL: Strong market upside with potential gross rental income of $2,700-$3,000/month ($32,400-$36,000/year). Bring rents to market rates through simple turnover or light cosmetic updates to capture an immediate 28 per to 42 per revenue increase. Multi-family properties with this level of embedded equity and income growth do not last long, schedule your showing tod
Location
State WI
County La Crosse
Zoning RES
Direction Corner of 7th St & Hood St, across from Hamilton Elementary, near Gundersen Lutheran.
Rooms
Basement None
Exterior
Parking Features Indoor Space, Outdoor Space
Building
Water Municipal Water
Structure Type Vinyl
Schools
School District La Crosse
Others
Tax ID 017-030010-050
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Coltyn Bettis
Rural Property Specialist License ID: 84640-94
Rural Property Specialist License ID: 84640-94