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34 E Paine St 8 Unit Apartment Building $1,200,000 ($150,000/Unit) Kiel, WI 53042
Executive Summary
ATTENTION INVESTORS! An 8-unit apartment complex in Kiel, in great condition, just became available to add to your investment portfolio. One-owner, this building offers townhouse style (2-story) units w/1 car attached units w/full individual basements w/washer & dryer included. VERY CLEAN. Built by Mike Check in 1994, the corner units are unique that they have 2-story windows in living room and a slightly different floorplan than the middle units. All units are 2 bedroom, 1.5 bath, 1164SF (approx) w/upstairs primary suite w/dual access to a full bath. Main floor has a convenient half bath. All electric heat and most have wall AC units. Tenants pay all utilities, landlord pays for garbage pickup, lawn care & snow removal. Onsite manager pays less. Roof was done in 2018 per seller. CALL BRANDON SALVESON-KREPLINE, 920-450-4909 or brandonsk@coldwellhomes.com for more information.
Property Facts Under Contract
| Price | $1,200,000 | Building Class | C |
| Price Per Unit | $150,000 | Lot Size | 0.58 AC |
| Sale Type | Investment | Building Size | 9,312 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1994 |
| Property Subtype | Apartment | Parking Ratio | 1.4/1,000 SF |
| Apartment Style | Townhome |
| Price | $1,200,000 |
| Price Per Unit | $150,000 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.58 AC |
| Building Size | 9,312 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1994 |
| Parking Ratio | 1.4/1,000 SF |
Amenities
Unit Amenities
- Heating
- Tub/Shower
- Garden
- Instant Hot Water
- Window Coverings
Site Amenities
- 24 Hour Access
- Trash Pickup - Curbside
- Walking/Biking Trails
- Maintenance on site
- Walk-Up
- Smoke Detector
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Property Taxes
| Parcel Number | 051-591-007-003.00 | Improvements Assessment | $498,800 |
| Land Assessment | $51,200 | Total Assessment | $550,000 |
Property Taxes
Parcel Number
051-591-007-003.00
Land Assessment
$51,200
Improvements Assessment
$498,800
Total Assessment
$550,000
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34 E Paine St
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