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Listing Courtesy Of:

Listing Office: Christopher Crumlish

Listing Office Phone: (312) 731-0151

1226 7th St S La Crosse, WI 54601

$225,000
Active / MLS# 1979940 / Multi Unit - Multiple / La Crosse
0 Beds

Remarks [MLS Description] (Ac Mgr): Investor opportunity! Income-producing multi-unit featuring immediate cash flow, multiple income streams, and massive value-add potential. Perfect fit for portfolio expansion or an owner-operator looking for house-hacking upside.CURRENT RENTAL ROLL ($2,100/mo Total): Downstairs 1 Bed / 1 Bath: $650/mo Downstairs 1 Bed / 1 Bath: $700/mo Upstairs 2 Bed / 1 Bath: $750/moVALUE-ADD POTENTIAL: Strong market upside with potential gross rental income of $2,700-$3,000/month ($32,400-$36,000/year). Bring rents to market rates through simple turnover or light cosmetic updates to capture an immediate 28 per to 42 per revenue increase. Multi-family properties with this level of embedded equity and income growth do not last long, schedule your showing tod

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Estimated Payment

$ 953.58 per month $578.95 Principal & Interest $309.00 Property Tax $65.63 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: None
Home Style: Apartment Building
Lot Size: 0.16 Acres
Taxes: $3,708
Year Built: 1880

Feature Descriptions

Data Source: Metro MLS
Exterior: Vinyl
Flood Plain: No
Garage/Parking: Indoor Space, Outdoor Space
Heating/Cooling: Wall/Sleeve Air
Parking Spaces: 1.00
Unit 1 Type: 1 Bath,2 Bedrooms, Furnished, Living Room, Refrigerator
Unit 2 Type: 1 Bath,1 Bedroom, Furnished, Living Room, Refrigerator
Unit 3 Type: 1 Bath,1 Bedroom, Furnished, Living Room, Refrigerator
Units: 3
Water/Sewer: Municipal Water
Zoning: RES

Schools

School District: La Crosse

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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