4Units
$5,403Taxes
1973Build
$25,341Scheduled Income
Multi-FamilyProperty Type

Property Highlights

MLS: 1568455

Status: Active

Parking: Indoor Space, Outdoor Space

Sched Inc: 25341

Total Operating Exp: 14209

County: Walworth

For more information about this listing, contact Keefe at (262) 248-4492.

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Great Investment opportunity in Lake Geneva . This mixed use space includes a commercial rental space and 3 apartments plus a detached heated and insulated 2 car garage. The commercial space has been leased to the same business owner for 19 years and all leases are month to month. A new boiler was installed in 2015 and new HVAC in 2013. This property has been owned and cared for by the same family for 40 years. This is a fantastic chance to own an investment property in desirable Lake Geneva at a great price. Please do not disturb tenants.

Interior Features

Basement: None

Exterior Features

Exterior: Other

Outside Parking Occupied: 7

Roofing: Composition

Additional Information

# of Stories: 1-2 Stories

Code Compliant: No

Unit type #1: 1

Unit type #2: 2

Unit type #3: 1

Est Sq Ft #1: 1001-1250

Est Sq Ft #2: 751-1000

Est Sq Ft #3: 750 or less

Gross Operating Inc.: $25,341

Heating/Cooling: Forced Air, Natural Gas

Inside Parking: 2

Outside Parking: 7

Laundry: Common

Owner Pays: Electric-Tenant, Electric/Public, Gas, Heat, Sewer

School District: $Lake Geneva J1

Security Deposit: $N

Tenant Pays: None

Water/Waste: Municipal Sewer, Municipal Water

Listing Company: Shorewest Realtors, Inc.

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For more information about this listing, contact Keefe at (262) 248-4492.

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Local Info

City Snapshot Lake Geneva, WI

Average Days on Market
Multi-Family
96
-13.51% since April 2018
Units sold
March 2018
11
+83.33% since January 2018
Median Sale Price
March 2018 - Multi-Family
195K
-33.88% since January 2018
Percentage of Asking Price
March 2018 - Multi-Family
94%
-2.02% since January 2018