Bought with Martin Real Estate
$1,035,000
$1,249,000
17.1%For more information regarding the value of a property, please contact us for a free consultation.
N7493 Hoffman Ln Beaver Dam, WI 53916
5 Acres Lot
Key Details
Sold Price $1,035,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1891844
Sold Date 12/18/24
Year Built 1980
Annual Tax Amount $16,381
Tax Year 2023
Lot Size 5.000 Acres
Acres 5.0
Property Description
INVESTMENT OPPORTUNITY !!! OWN YOUR OWN SUBDIVISION OF 5 RANCH-STYLE DUPLEXES ON A 5 ACRE PARCEL! JUST LOOK AT THE POTENTIAL: 5 RANCH DUPLEXES, (EACH UNIT HAS ITS OWN TAX BILL/ 10 CONDOS ALL JUST RENTED) ALL 2 BED; 1 BATH; SEPARATE BSMT, 1 CAR, MOST REMODELED, NEW/NEWER ROOFS, FURNACES, CENTRAL AIR, CIRCUIT BREAKERS,....AND DID I MENTION THESE ARE IN THE ''COUNTRY'' WITH WELL-SEPTIC AND MOUND SYSTEMS WITH A SHARED WELL WITH AN OVERSIZED 1000 GALLON PRESSURE TANK? (NO HIGH COST CITY WATER BILLS!) SELLER KNOWS RENTS ARE LOWER THAN MARKET PRICE, HE HAS OWNED FOR ALMOST 40 YEARS! ALMOST ALL UNITS ARE ONLY ON MONTH TO MONTH LEASES. THIS IS A FANTASTIC OPPORTUNITY! BUY NOW AND KEEP AS A RENTAL AND LATER MAYBE SELL AS 10 INDIVIDUAL CONDOS!
Location
State WI
County Dodge
Zoning Residential
Rooms
Basement Block, Full, Laundry Facilities, Poured Concrete, Walk Out/Outer Door
Interior
Heating Forced Air, Indiv. Heating Units, Natural Gas
Cooling Forced Air, Indiv. Heating Units, Natural Gas
Flooring No
Exterior
Exterior Feature Aluminum, Aluminum Trim, Vinyl, Wood
Parking Features Extra Space Avail., Indoor Space
Building
Water Mound System, Private Shared Well, Septic System
Schools
Middle Schools Beaver Dam
High Schools Beaver Dam
School District Beaver Dam Unified
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