Bought with Scott Johnson
$600,000
$575,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
720 Windsor Ter Jefferson, WI 53549
5,152 SqFt
Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 5,152 sqft
Price per Sqft $116
Municipality JEFFERSON
MLS Listing ID 1785576
Sold Date 05/12/22
Style Townhouse
Year Built 1996
Annual Tax Amount $8,617
Tax Year 2021
Lot Size 0.470 Acres
Acres 0.47
Property Sub-Type Townhouse
Property Description
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!
Location
State WI
County Jefferson
Zoning Multi Family
Lake Name Rock River
Rooms
Basement Crawl Space Only, Partial, Poured Concrete
Interior
Heating Natural Gas
Cooling Central Air, Forced Air, Individual Heating Units
Equipment Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
Exterior
Exterior Feature Vinyl
Parking Features Indoor Space
Waterfront Description River,View of Water,Deeded Water Access,Water Access/Rights,Waterfrontage on Lot
Building
Sewer Municipal Sewer, Municipal Water
Architectural Style Townhouse
New Construction N
Schools
Middle Schools Jefferson
High Schools Jefferson
School District Jefferson
Others
Special Listing Condition Arms Length
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