2 Story, Complex

duplex for sale

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Listed: 02/13/23

614 5th Avenue, Antigo, WI 54409, USA

16 Bed:

8 Bath:

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Price

$ 695,000

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About This Duplex

Fantastic investment property over 9 % CAP RATE,Financial details available in associated documents, rent roll in excel tab. 8 Apartments (2bd, 1bth) and four commercial spaces all leased. Landlord pays 30% of common area utilities, all others are billed back to tenants. Gross Income Scheduled$91, 320with expenses$27, 338provides an estimated scheduled Net Operating Income of$63, 982.That puts this property slightly above a 9% cap rate and it's 100% occupied and stabilized. This truly is a value for a seasoned or beginner investor.

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Antigo Housing & Living

Household Income

Median household income: $35,908

Number of households: 3,749

The average household income in Antigo, WI grew from $35,700 to $35,908 in the past year. This data is an estimate based upon 3,749 households in Antigo, WI.
The chart below presents how household income is distributed in Antigo, WI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Antigo, WI compared to median property taxes around the country. The prevalent amount of property taxes in Antigo, WI equals $800-$1,500 , which is more than the national average.