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517-519 E Holum Street, DeForest, WI 53532

MF
WI 88570-94
Ferraro Real Estate Team
JF
52802-90
Century 21 Affiliated
Listed by Ferraro Real Estate Team, Century 21 Affiliated
$600,000
4 days on market
Updated 2 days ago

517-519 E Holum Street

Details
APN 0910-172-7501-4
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 2
NOI $58,980
Year Built 1980
Acreage 0.240
Zoning Res
Parking Spaces 6 spaces

Multifamily | 2 Units

Marketing description

Rare opportunity to own a spacious side-by-side ranch duplex in DeForest. Each unit currently features 3 bedrooms and 2 full bathrooms, with potential to convert each side into a 4 bedroom, 2 bathroom layout. These are large units, with one side offering approximately 1,800 square feet and the other offering approximately 2,000 square feet. Both units have seen meaningful interior updates, including new flooring, renovated bathrooms, some updated lighting, and select new doors. Each side also includes a large lower-level den, creating valuable flex space for additional living, office, or future bedroom potential. One unit already has an egress window in place. Current rents are $2,200 and $2,715, offering strong income from day one with additional upside.
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Listing Contacts

MF
WI 88570-94
Ferraro Real Estate Team
JF
52802-90
Century 21 Affiliated
Listed by Ferraro Real Estate Team, Century 21 Affiliated

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$58,980.00
$4,915.00/mo

Valuation Metrics

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DSCR
9.83%
Cap Rate
9.83%
ROI

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