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Key Details
Sold Price $280,500
Property Type Commercial
Sub Type Retail,Other
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $116
MLS Listing ID 1734268
Sold Date 08/18/21
Year Built 1865
Annual Tax Amount $3,318
Tax Year 2020
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Retail,Other
Property Description
With $30,000 annual gross scheduled income and reasonable taxes, this is one of the highest yielding properties available in West Bend. 4-unit rental property Downtown West Bend on Main Street. 1 Retail, 3 Residential Units. Cap rate 8.3%. 4-unit cashflow, plus the continued revival and appreciation of Main Street Downtown West Bend, make this a prime investment opportunity. Renovated in 2020.
Location
State WI
County Washington
Zoning B-1
Rooms
Basement Full
Interior
Heating Electric, Natural Gas
Cooling Hot Water/Steam, Individual Heating Units
Exterior
Exterior Feature Vinyl
Roof Type Composition/Fiberglass
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Others
Special Listing Condition Arms Length
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Bought with Coldwell Banker Realty
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