409 S Third St, Watertown WI 53094 $248,500

409 S Third St, Watertown 0.25 Acres $248,500 Active

  • Commercial/Industrial
  • Status: Active
  • Est. Square Footage: 3,454
  • Est. Year Built: 1920
  • Est. Acreage: 0.25
  • County: Jefferson
  • Property Taxes: $4,579
  • Property Tax Year: 2019
  • Postal Municipality: Watertown
  • MLS#: 1681426
  • Listing Company: Johnson & Hellekson Real Estate, LLC
  • Price/SqFt: $71

409 S Third St, Watertown, WI 53094 - DURING THESE UNCERTAIN TIMES, rental property is the safest method of investment. 5 one bedroom rentals in an attractive brick building w/in city of 24,000 means steady income, a solid way of building equity & real possibilities of improved cash flow from sound business practices. Easy access off South 3rd St & great exposure with its corner lot & the historic stature of the building itself. Income annually from the 5 units is currently about $32,500 with expenses projected at approximately $8500 resulting in a net income of almost $24,000. Do the math but that is a good return on your investment so check it out & see if it is something you are interested in. Everybody has to live somewhere so why not use that fact of life to your advantage by owning these apts in Watertown. Call!

Additional Features
  • Partial
  • Heating/Cooling: Electric
  • Water Waste: Municipal Sewer, Municipal Water
  • Roof: Composition
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1681426 Active Mar 16 2020 3:25PM $248,500 80

Estimated Monthly Payment

$3,287 per month
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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.
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Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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