706 Faryl Ave, Delavan, WI 53115 Sold for $675,000 on 07/11/2022
Features of 706 Faryl Ave, Delavan, WI 53115
WI > Walworth > Delavan > 706 Faryl Ave
- Residential Income
- Status: Sold
- County: Walworth
- 0 Full Bathrooms
- Acreage: 2.842
- Subdivision: Lot 1 Csm 1439
- Elementary School: Call School District
- Middle School: Call School District
- High School: Delavan-Darien
- Property Taxes: $10,598
- Property Tax Year: 2020
- MLS#: 1923443
- Listing Company: Century 21 Affiliated Pfister
- Zip Code: 53115
- Number of Units: 32
- Unit Type 1 Avg Rent: $570
- Unit 1 Parking: 2 Space
- Unit Type 2 Avg Rent: $630
- Unit 2 Parking: 2 Space
Property Description for 706 Faryl Ave, Delavan, WI 53115
706 Faryl Ave, Delavan, WI 53115 - 2 16 unit apartment buildings in the city of Delavan. Tenants pay electric heat. Large 2.8 acred lot. Good investment property. Sixteen 1 bedroom units & sixteen 2 bedroom units. Room for garages. The 4 washers & 4 dryers are leased. Property is in USDA Rural Development Low Income Housing Program. Property is required to stay in this program until 5/7/2036. This program allows renting only to low income tenants. Rents are controlled, Profit is limited to $3,925/yr, must be professionally managed. Purchase: NO NEW LOAN can be taken upon this property. Buyer assumes the present mortgage (approx $100k bal.) and brings CASH to Closing equal to difference between PURCHASE PRICE and MTG BALANCE; eg, $575k. See Documents for details.
Basement
- None, Poured Concrete Foundation
Interior Features
- Water Waste: Municipal sewer, Municipal water
Building and Construction
- Apartment building
- Construction Type: E
Land Features
- Waterfront/Access: N
MLS Number | New Status | Previous Status | Activity Date | New List Price | Previous List Price | Sold Price | DOM |
1923443 | Sold | Offer-Show | Jul 11 2022 12:00AM | $675,000 | 32 | ||
1923443 | Sold | Offer-Show | Jul 11 2022 12:00AM | $675,000 | 32 | ||
1923443 | Offer-Show | Active | Dec 13 2021 10:47AM | 32 | |||
1923443 | Active | Nov 8 2021 6:45AM | $675,000 | 32 | |||
1790943 | Expired | Active | 15 | ||||
1790943 | Active | Offer-No Show | May 1 2017 9:50AM | 15 | |||
1790943 | Pending | Active | Dec 2 2016 1:48PM | 15 | |||
1790943 | Active | Nov 23 2016 4:45PM | $1,200,000 | 15 |
Community Homes Near 706 Faryl Ave
Delavan Real Estate | 53115 Real Estate |
---|---|
Delavan Vacant Land Real Estate | 53115 Vacant Land Real Estate |
Delavan Foreclosures | 53115 Foreclosures |
Delavan Single-Family Homes | 53115 Single-Family Homes |
Delavan Condominiums |
The information which is contained on pages with property data is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. Shorewest Realtors is not making any warranties or representations concerning any of these properties. Shorewest Realtors shall not be held responsible for any discrepancy and will not be liable for any damages of any kind arising from the use of this site.
REALTOR *MLS* Equal Housing Opportunity