Photo 1 of 15
$600,000
Sold on 5/12/22
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
|
0 |
$8,617 |
1998 |
On the market:
42 days
|
View full details, 15 photos, school info, and price history
Unique opportunity to own a beautiful four unit apartment building on 90+ feet of Rock River frontage. All units are similar townhouse style consisting of 2 bedrooms, 1.5 baths, laundry, gas fireplace and two outdoor decks in a very generous 1280+ square feet. All units include an attached one car garage. Jefferson is a well managed city and the market further benefits from being the county seat. Huge upside on rents. Three of four leases are MTM affording the new owner the opportunity to immediately capitalize on the explosive current rental market, (last lease is up 8/31/2022). This building is hitting the market at an opportune time with rents increasing and interest rates still at historic lows. SEIZE OPPORTUNITY WHEN IT PRESENTS ITSELF. PROPERTY IS RIPE FOR CONDO CONVERSION!
Listing courtesy of Michael Hellekson, Johnson & Hellekson Real Estate, LLC