Listed by Cushman & Wakefield | Boerke
$2,200,000
6 Unit Multifamily Portfolio
Details
APN 11-223-30-403-024; 11-223-30-403-022
Property Type Multifamily
Sub Type Apartment Building, Duplex
Square Footage 9,591
Units 6
Year Built 2017; 2018
Buildings 3
Acreage 0.570
Zoning RG-1 General Residential
Multifamily | 6 Units
Marketing description
For Sale
Investment highlights
- Stability: This duplex portfolio has maintained full occupancy since its construction in 2017 and 2018, demonstrating strong tenant demand and consistent cash flow. With current rents below market rates, the properties offer significant potential for an investor to increase rental income and enhance overall NOI through strategic rent adjustments.
- Unit Breakdown : The portfolio includes three duplexes, totaling six spacious units - each featuring 3 bedrooms, 2.5 bathrooms, and an attached garage, offering desirable layouts for tenants and long-term rental appeal.
- Turnkey Duplex Portfolio with Minimal Landlord Expenses ; This duplex portfolio presents a low-maintenance investment with strong cash flow potential. Each unit operates under tenant-friendly lease terms, with residents responsible for all utilities, lawn care, and routine maintenance, leaving the Owner responsible for property taxes and insurance.
- Great Location : Ideally located just minutes from downtown Kenosha, Pennoyer Park, and the lakefront, the properties offer tenants convenient access to local amenities and recreational attractions - while enjoying a quieter residential setting outside the core downtown area.
Listing Contacts
Listed by Cushman & Wakefield | Boerke
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