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SOLD

$359,000

1539 Lincoln Avenue, Stoughton, WI, 53589

MLS# 1692723

0.54

Acres

Investors Note: 10.3% Cap Rate.This Residential Facility provides housing and assisted living to 4 disabled residents and is managed by an agency funded by HUD and contracted to the year 2021 plus/with an 2-3% annual rent accelerator. The main floor is 3080 sq.ft. with common areas of handicap accessible living, kitchen, dining and bath/shower rooms. Lower level has storage space and 462 sq ft finished rec room. Large attached 2 car garage offers more rental possibilities.

Contact Agency

AJ

Adashun Jones, Inc.

Provided by: First Weber, Inc

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