614 5th Avenue, Antigo, WI 54409 Sold for $675,000 on 04/21/2023

614 5th Avenue, Antigo 12 Units $675,000 Sold

  • Multi-Family
  • Status: Sold
  • Total Number of Units: 12
  • Garage Type: None
  • Est. Year Built: 1900
  • Estimated Age: 21+ Years
  • Square Feet: 0
  • Est. Lot Size: .460
  • County: Langlade
  • MLS#: 22202725
  • Listing Company: Jones Real Estate Group - Phone: 832-277-3093
  • Zip Code: 54409

614 5th Avenue, Antigo, WI 54409 - Fantastic Investment Property Over 9% Cap Rate, Financial Details Available In Associated Documents, Rent Roll In Excel Tab. 8 Apartments (2bd, 1bth) And Four Commercial Spaces All Leased. Landlord Pays 30% Of Common Area Utilities, All Others Are Billed Back To Tenants. Gross Income Scheduled $91,320 With Expenses $27,338 Provides An Estimated Scheduled Net Operating Income Of $63,982. That Puts This Property Slightly Above A 9% Cap Rate And It'S 100% Occupied And Stabilized. This Truly Is A Value For A Seasoned Or Beginner Investor.

Additional Features
  • Water Waste: Municipal Sewer, Municipal Water
  • 2 Story, Complex
  • Construction Type: E
  • Waterfront/Access: N
  • Lot Description: .460
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
22202725 Sold Pending Apr 21 2023 12:00AM $675,000 244
22202725 Sold Pending Apr 21 2023 12:00AM $675,000 244
22202725 Pending Active Oct 21 2022 4:09PM 244
22202725 Oct 17 2022 12:09PM $695,000 $775,000 244
22202725 Active Jun 10 2022 12:09PM $775,000 244
21811960 Expired Active 883
21811960 Active Expired Sep 1 2020 11:09AM 883
21811960 Expired Active 883
21811960 Active Aug 4 2019 6:09PM $499,900 883

Estimated Monthly Payment

$3,287 per month
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