909 Western Ave., Watertown, WI 53094

909 Western Ave., Watertown, WI 53094
Photo 1 of 5
$124,500
Sold on 5/08/20
Beds Baths Sq. Ft. Taxes Built
2 1.0 966 $2,521 1900
On the market: 53 days
View full details, 15 photos, school info, and price history
PERFECT FOR THE INVESTOR OR HOMEOWNER WANTING THE OTHER TENANT TO HELP MAKE THEIR LOAN MORE AFFORDABLE. Affordably priced duplex with great location & nice square footage for living area. targeted repairs will make this property sparkle and your investment even more attractive. For the buyer not living onsite, the rental income is projected @ $16,680 w/ operating expenses estimated at roughly $5000 and net income of about $11,650 which results in a cap rate of 9+ percent. That is a good start w/ improvements by you allowing for an even better return on your investment. Garage in back needs work but an asset worth putting some dollars going into. Newer gas furnaces & water heaters which is always a plus. Steel siding would benefit from a nice paint job and quickly turn this into a gem!
Listing courtesy of Ken Berg