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Listing Courtesy Of:

Listing Office: Marcus & Millichap-Milwaukee

415 Fulton St Waupaca, WI 54981

$2,900,000
Active / MLS# 1981076 / Multi Unit - Multiple / Waupaca
0 Beds

PRICE REDUCED! - EXTENSIVELY RENOVATED | RENTAL UPSIDE | NEAR-7 PRO FORMA CAP RATE - Fulton Street Estates offers investors a stabilized 24-unit multifamily asset in Waupaca with significant recent capital improvements, remaining rent growth, and exposure to a high-demand rental market. Local apartment communities demonstrate consistently strong occupancy, while Waupaca's stable employment base and sizable senior population support long-term demand. Ownership has completed major upgrades including new roofs, windows, siding, concrete, doors, plumbing, tubs/showers, common areas and exteriors, while 17 units have interior renovations and 15 have new air conditioning. In-place rents remain below market, offering a clear path to NOI growth and a pro forma cap rate approaching 7.

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Estimated Payment

$ 10,601.04 per month $7,462.04 Principal & Interest $2,293.17 Property Tax $845.83 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Block, Laundry Facilities
Home Style: Apartment Building, Subdivision
Lot Size: 1.29 Acres
Taxes: $27,518
Year Built: 1975

Feature Descriptions

Data Source: Metro MLS
Exterior: Brick, Vinyl
Flood Plain: No
Garage/Parking: Outdoor Space
Heating/Cooling: Hot Water/Steam
Parking Spaces: 30.00
Unit 1 Type: 1 Bath,1 Bedroom, Balcony/Patio, Living Room, Range/Oven, Refrigerator
Unit 2 Type: 1 Bath,2 Bedrooms, Balcony/Patio, Living Room, Range/Oven, Refrigerator
Units: 24
Water/Sewer: Municipal Sewer, Municipal Water
Zoning: R-3

Schools

High School: Waupaca
Middle School: Waupaca
School District: Waupaca

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.

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