619 Meadow Ln, Burlington, WI 53105 Sold for $1,790,000 on 10/29/2020

619 Meadow Ln, Burlington 24 Units $1,790,000 Sold

  • Multi-Family
  • Status: Sold
  • Total Number of Units: 24
  • Unit Type 1 # of Units: 24
  • Unit Type 1 Avg Rent: $754
  • Outside Parking: 40
  • Est. Year Built: 1974
  • School District: Burlington Area
  • High School: Burlington
  • County: Racine
  • Postal Municipality: Burlington
  • MLS#: 1700555
  • Listing Company: KarMichael Realty LLC
  • Zip Code: 53105

619 Meadow Ln, Burlington, WI 53105 - TWO 12-Unit low-maintenance apartment buildings FULLY RENTED that seldom have a vacancy due to being located near downtown Burlington, the High School, Gateway Technical College, beautiful Bushnell Park & the Fox River! All 24 Units are 2bdrm, 1bath with walk-in closets in the Master bdrm. Each Unit furnished with refrigerator, gas stove, dishwasher & window A/C. Current asking rent $795/ month. This investment has a positive cash flow, great tax shelter and a hedge against inflation! Take advantage of this opportunity now!

Additional Features
  • Block, Full, Laundry Facilities
  • Heating/Cooling: Hot Water/Steam, Natural Gas, Wall/Sleeve Air
  • Water Waste: Municipal Sewer, Municipal Water
  • Inclusions: 2 Burlington Tax keys included in sale: 206031933250330 (See MLS#1700557) and 206031933250340(24)Refrigerators, (24) Gas Stoves, (24) Dishwashers & (24) Window A/C Units
  • Apartment Building
  • Roof: Composition
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1700555 Sold ActiveWO Oct 29 2020 12:00AM $1,790,000 43
1700555 Sold ActiveWO Oct 29 2020 12:00AM $1,790,000 43
1700555 ActiveWO Active Sep 4 2020 6:45PM 43
1700555 Active Jul 24 2020 3:08AM $1,875,000 43

Estimated Monthly Payment

$3,287 per month
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