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LISTING #820
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Price:
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$1,190,000
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MLS:
| | 50331451 | Address:
| | 2414 Honey Lou Ct
Appleton, WI 54915 | Finished:
| | 1140 ft.²* | Bed:
| | 3 | Bath:
| | 1.5 |
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County:
| | Winnebago | Schools:
| | Menasha | Type:
| | Multi Family | Style:
| | 2 Story | Age:
| | 2026* | Lot:
| | 0.64 Acres* | Zoning:
| | Residential |
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Living Room:
| | 11x19* | Dining Room:
| | 15x6* | Kitchen:
| | 8x8* | Master BR:
| | 12x9* | Bedroom 2:
| | 12x9* | Bedroom 3:
| | 11x13* |
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Taxes:
| | $12580 (2025)* | Heat:
| | Forced Air | A/C:
| | central air | Siding:
| | Brick and Wood | Roof:
| | Asphalt Shingles | Appliances:
| | 8 Refrigerators and 8 Ranges |
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Excellent investment opportunity, two 4-unit, townhouse-style buildings for a total of 8 units. 2414 Honey Lou Ct, Units A-D, and 239, 241, 243 and 245 Wilson Ave. The property is 100% occupied with long-term tenants and offers strong in-place cash flow, with annual rental income of $112,920 and NOI of approximately $91,951. At the $1,190,000 asking price, the property offers a 7.73% cap rate. Each unit features a spacious 3-bed, 1.5-bath townhouse-style layout w/ a full private basement. Low-maintenance brick exteriors help minimize ongoing ownership requirements, all utilities are paid by the tenants. With full occupancy, 3-bedroom layouts, long-term tenancy, tenant-paid utilities and strong current financial performance, this is an opportunity to acquire a stabilized 8-unit investment.
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Contact:
| Tim Ceman | Call:
| (920) 205-0515 |
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Directions:
| From Hwy 441 take Oneida St exit, head north on Oneida, left on W Wilson Ave, left on Honey Lou Ct. |
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| Solicitations outside of an interest to purchase this property are expressly forbidden. |
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| This listing has been viewed 40 times. |
* all figures are estimations and may differ from the actual amount. Buyer verify if important. |
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 Equal Housing Opportunity |
All information provided by the seller is deemed reliable but is not guaranteed and should be independently verified. |
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