819-821-823 Lum Avenue, Waterloo

$1,900,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Discover an exceptional investment opportunity with these 3 6-unit apartment buildings, perfectly designed for maximum income potential. Each unit boasts 2 spacious bedrooms and 1 modern bathroom, catering to a broad range of tenants seeking comfort and convenience. This property has a proven track record of generating substantial rental income, making it a reliable addition to your investment portfolio. It is situated in a desirable neighborhood with easy access to shopping, dining, and public transportation, attracting long-term tenants. The property includes sufficient parking spaces for all units, enhancing tenant convenience and property appeal. This apartment building is not just an investment; it's a high-performing asset that promises a steady stream of income!

EXIT Realty HGM.

Essential Information
Status Active
Detailed Status Active
Days on Market 5
MLS® # 1981105
Price $1,900,000
Year Built 1990
Type Multi Family
Assessed Value $1,242,500
Year Assesed 2023
Net Taxes $25,309
Tax Year 2023
Total Income $183,603
Total Expenses $37,726
Net OP Income $145,877
Utilities Separate elec meters, Separate gas meters
Parking Per Unit 557
Exterior Vinyl, Brick/Stone, Stone
Community Information
Address 819-821-823 Lum Avenue
MLS® Area WATERLOO - C
City Waterloo
County Jefferson
State WI
Zip Code 53594
School Information
District Waterloo
Elementary Waterloo
Middle Waterloo
High Waterloo
Property Overview
2 Bedroom Units 18
Total Units 18
# of Water Heaters 18
Heat Fuel Electric
# of Stoves 18
# of Refrigerators 18
# of Dishwashers 3
# of Washers 3
# of Dryers 3
Unit 1 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires m2m
Monthly Rent $830
Square Feet 750
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires m2m
Monthly Rent $845
Square Feet 750
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning multi
Short Sale No
REO / Bank Owned No
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DISCLAIMER: Information is supplied by seller and other third parties and has not been verified.The IDX information being provided is 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.

Data provided by the South Central Wisconsin MLS as of 07/15/2024.

Copyright 2024 – (South Central Wisconsin MLS) – All Rights Reserved

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