113 S 5th St Delavan WI 53115-1863 $124,900

Property Description

113 S 5th St Delavan WI 53115-1863 - CALLING ALL INVESTORS! If you are looking for a Triplex with solid tenants, you've found your next property. Current rents equal $1925 per month for a $23,100 yearly earnings. Current tenant in the upper unit takes care of snow removal & lawn care. Seller provides a $100 rent deduction for this. Electrical service upgraded 13 years ago along with a new roof that was a complete tear off. Lower (Unit #1) has radiator heat, Upper (Unit #2) has Gas/Forced Air heat & Studio (Unit #3) is Electric Heat. The driveway is shared with a neighboring property, but there is no Shared Driveway Agreement in place.

Multi-Family
Status: Sold
Total Number of Units: 3
Unit Type 1 # of Units: 1
Unit Type 1 Avg Rent: $775
Unit Type 2 # of Units: 1
Unit Type 2 Avg Rent: $650
Unit Type 3 # of Units: 1
Unit Type 3 Avg Rent: $500
Outside Parking: 3
Est. Square Footage: 2,483
Est. Year Built: 1901
School District: Delavan-Darien
High School: Delavan-Darien
County: Walworth
Postal Municipality: Delavan
MLS#: 1782836
Listing Company: Redefined Realty Advisors LLC
Price/SqFt: $50
Zip Code: null

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