2414 Honey Lou Court, Appleton, WI, 54915-6216

9,120 Sq. Ft.

MLS# RAN50331451

Estimated monthly payment:

Built in 1972

$130.48/sqft

Taxes: $12,580

Excellent investment opportunity, two 4-unit, townhouse-style buildings for a total of 8 units. 2414 Honey Lou Ct, Units A-D, and 239, 241, 243 and 245 Wilson Ave. The property is 100% occupied with long-term tenants and offers strong in-place cash flow, with annual rental income of $112,920 and NOI of approximately $91,951. At the $1,190,000 asking price, the property offers a 7.73% cap rate. Each unit features a spacious 3-bed, 1.5-bath townhouse-style layout w/ a full private basement. Low-maintenance brick exteriors help minimize ongoing ownership requirements, all utilities are paid by the tenants. Seller is a licensed agent

Price per sq ft$130.48
Area, sq ft9,120 sq ft
Lot Size, acres0.64
Year built1972
For Sale or RentFor Sale
Parcel Number3931
HeatingForced Air
CoolingCentral Air
UtilitiesSep Electric Meter, Sep Gas Meter, Sep Water Meter/Unit
Above Grade Finished Area, sq ft9120
Water SourcePublic
SewerPublic Sewer
Tax Amount$12,580

Spec Sheet

Contact Agency

Adashun Jones, Inc.

920-923-4433

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