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126 S 3rd Street

Delavan, WI 53115
  • $551,000
  • STATUS: Closed
  • ON SITE: 105 Days
  • MLS #: 11443529
Sold - 09/30/2022
$551,000
SOLD - 09/30/2022
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1962
County:

School Ratings & Info

Description

Amazing opportunity to own this fully rented brick 6 unit building with 6 garage parking spaces, located one block from downtown Delavan! This 5,736 appx sf. building includes (4) 1 bedroom, 1 bath units with hardwood flooring and balconies (3 units remodeled) and (2) two bedroom 1 bathroom units with fireplaces (one unit renovated with white shaker cabinets, new kitchen appliances and flooring). Each unit has central air, individually controlled gas furnace, electric range & refrigerator. The basement has coin operated laundry, 7 tenant storage units & a large owner's storage room. Tenants pay gas & electric. Owner pays common area gas, electric, water & sewer. Newer: rear flat roof (rubber membrane) & water heater (2021), main roof (dimensional shingles) & garage roof (2014). Inclusions: refrigerators (6), electric ranges (6), furnaces (6), central air units (6), water heater, (1) coin operated washer (1) and dryer (1). Exclusions: Seller/tenant's personal property. Bushes/shrubs in front of property being removed.

Sold by Non Member.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-10-05T23:58:23.46 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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126 S 3rd Street Delavan, WI 53115

  • Price: $574,900
  • Status: Closed
  • On Site: 105 Days
  • MLS #: 11443529
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1962
Built
Neighborhood:
Wi-Delavan / Ft. Atkinson
County:
Other
Area:
Wi-Delavan / Ft. Atkinson
Property Description
Amazing opportunity to own this fully rented brick 6 unit building with 6 garage parking spaces, located one block from downtown Delavan! This 5,736 appx sf. building includes (4) 1 bedroom, 1 bath units with hardwood flooring and balconies (3 units remodeled) and (2) two bedroom 1 bathroom units with fireplaces (one unit renovated with white shaker cabinets, new kitchen appliances and flooring). Each unit has central air, individually controlled gas furnace, electric range & refrigerator. The basement has coin operated laundry, 7 tenant storage units & a large owner's storage room. Tenants pay gas & electric. Owner pays common area gas, electric, water & sewer. Newer: rear flat roof (rubber membrane) & water heater (2021), main roof (dimensional shingles) & garage roof (2014). Inclusions: refrigerators (6), electric ranges (6), furnaces (6), central air units (6), water heater, (1) coin operated washer (1) and dryer (1). Exclusions: Seller/tenant's personal property. Bushes/shrubs in front of property being removed.
Exterior Features

Parking Total 6

Interior Features

Basement Storage Space Cooling Central Individual Fireplaces Total 2 Heat Ventilation Individual Furnaces Miscellaneous Inside Storage InsideLaundry Room Number Of Dryers 1 Number Of Ranges 6 Number Of Washers 1

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Financing Other Gross Income 53700 Gross Scheduled Income 53700 Insurance Expense 2688 Maintenance Expense 5250 Mls Actual Status Closed Net Operating Income 30712 Operating Expense 23866 Short Sale Not Applicable Tax Annual Amount 6882.17 Tax Year 2021 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 4475 Type Multi Family 5+ Zoning Multi

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 708-424-4000.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-10-05T23:58:23.46 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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