1314 S 5th St., La Crosse, WI 54601

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$300,000
Sold on 12/30/13
Beds Baths Sq. Ft. Taxes Built
0 $7,815
On the market: 199 days
Russell Shaw
(888) 326-2726
Realtor @ Keller Williams
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MAJOR REMODELING DONE ONLY 2 YEARS AGO. GREAT CASH FLOW. FULLY LEASED AT $4730 PER MONTH PLUS ABOUT $250 MONTH LAUNDRY ROOM INCOME PLUS BILLED BACK WATER AND SEWER. CAP RATE IS 10% AND THE GROSS RENT MULTIPLIER IS 80. ALL APARTMENTS FULLY PAY FOR THEIR OWN UTILITIES. EACH UNIT HAD 5 BEDROOMS, AND INCLUDED IS 3 COIN OPERATED WASHERS AND DRYERS IN THE LAUNDRY ROOM IN THE FULL BASEMENT LEVEL. ALSO A COMMON REC ROOM AND SOME STORAGE IN BASEMENT. SECURE BUILDING AND SECURITY SYSTEM IN PLACE.
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