409 S Third St

    Watertown, WI 53094
    • $248,500
    • STATUS: Active
    • ON SITE: 24 days
    • ID#: 1681426
    UPDATED: 91 min ago
    $248,500
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,454
      SQFT
    • $72
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Listing provided courtesy of Johnson & Hellekson Real Estate, Llc.

    Description

    DURING THESE UNCERTAIN TIMES, rental property is the safest method of investment. 5 one bedroom rentals in an attractive brick building w/in city of 24,000 means steady income, a solid way of building equity & real possibilities of improved cash flow from sound business practices. Easy access off South 3rd St & great exposure with its corner lot & the historic stature of the building itself. Income annually from the 5 units is currently about $32,500 with expenses projected at approximately $8500 resulting in a net income of almost $24,000. Do the math but that is a good return on your investment so check it out & see if it is something you are interested in. Everybody has to live somewhere so why not use that fact of life to your advantage by owning these apts in Watertown. Call!

    Monthly Payment Calculator



    © 2020 MetroMLS - All rights reserved. Information is supplied by seller and other third parties and has not been verified. 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 MetroMLS or RE/MAX Service First. Data last updated: 2020-04-09T23:52:11.09.
    www.mywisconsindreamhome.com/homes/104217105

    409 S Third St Watertown, WI 53094

    • Price: $248,500
    • Status: Active
    • Updated: 91 min ago
    • ID#: 1681426
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    3,454
    SQFT
    $72
    $/SQFT
    1920
    Built
    Neighborhood:
    Jefferson
    County:
    Jefferson
    Area:
    Jefferson
    Property Description
    DURING THESE UNCERTAIN TIMES, rental property is the safest method of investment. 5 one bedroom rentals in an attractive brick building w/in city of 24,000 means steady income, a solid way of building equity & real possibilities of improved cash flow from sound business practices. Easy access off South 3rd St & great exposure with its corner lot & the historic stature of the building itself. Income annually from the 5 units is currently about $32,500 with expenses projected at approximately $8500 resulting in a net income of almost $24,000. Do the math but that is a good return on your investment so check it out & see if it is something you are interested in. Everybody has to live somewhere so why not use that fact of life to your advantage by owning these apts in Watertown. Call!
    Exterior Features

    Exterior Brick Location Business DistrictCornerFree Standing Parking Spaces 5.00 Proximity To Highway 0-1 Miles Road Frontage High VisibilityPaved RoadTown/City Road Roofing Composition Truck Door Height No Truck Door

    Interior Features

    Average Ceiling Height 8'-10' Basement Partial Heating Cooling Electric Miscellaneous Other

    Property Features

    Commercial Type Other Flood Plain No For Sale Or Lease For Sale Only Licenses Other Municipality City Sale Includes Real Estate Source Acreage Public Records Source Sq Ft Public Records Source Year Built Public Records Tax Year 2019 Taxes 4579.00 Type Commercial Type Of Business Other Water Waste Municipal SewerMunicipal Water Zoning Mr 8

    © 2020 MetroMLS - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified.


    © 2020 MetroMLS - All rights reserved. Information is supplied by seller and other third parties and has not been verified. 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 MetroMLS or RE/MAX Service First. Data last updated: 2020-04-09T23:52:11.09.
     
    RE/MAX Service First
    21075 Swenson Drive
    Waukesha WI, 53186
    Listing provided courtesy of Johnson & Hellekson Real Estate, Llc.