Bought with Team* Beaudoin • RE/MAX Universal
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75 Riverview Rd Kiel, WI 53042
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Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1781086
Style Other
Year Built 1994
Building Age 21+ Years
Annual Tax Amount $14,390
Tax Year 2021
Lot Size 1.150 Acres
Property Sub-Type Other
Property Description
3 identical 4 plexes built 1994 on one tax bill. All 2-bedroom units, 1 bath 1 car garage above average condition, great rental history. 710.00 rent each unit with leases. New roofs 2010 on all buildings and garages. All electric units' tenants pay all utilities. Seller pays parking lot exit lights. Unit in Building 1310 dewy St. New window on westside installed by seller waiting for contractor. Previous home inspection on file. Rent for 2021 were $78,360.00 because of COVID. Fully rented potential gross is $102,240.00. 2021 financial spreadsheet attached.
Location
State WI
County Manitowoc
Zoning Residential
Interior
Heating Electric
Cooling Wall/Sleeve Air
Equipment Seller Leased: Water Heater, Seller Owned: Water Heater
Exterior
Parking Features Indoor Space
Roof Type Composition/Fiberglass,Other
Building
Sewer Municipal Sewer, Municipal Water
Structure Type Aluminum/Steel,Aluminum,Vinyl
New Construction N
Schools
School District Kiel Area
Others
Special Listing Condition Arms Length
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