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754 E 11th St 4 Unit Apartment Building $734,500 ($183,625/Unit) New Richmond, WI 54017
Investment Highlights
- 2 units on main floor, and 2 units lower level
- 4 units with 2 bedrooms and 1 bath each
- Very well kept units
Executive Summary
Buyer to show POF before showings.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$64,800
|
$18.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$64,800
|
$18.00
|
| Taxes |
$6,196
|
$1.72
|
| Operating Expenses |
$5,750
|
$1.60
|
| Total Expenses |
$11,946
|
$3.32
|
| Net Operating Income |
$52,854
|
$14.68
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $64,800 |
| Annual Per SF | $18.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $64,800 |
| Annual Per SF | $18.00 |
| Taxes | |
|---|---|
| Annual | $6,196 |
| Annual Per SF | $1.72 |
| Operating Expenses | |
|---|---|
| Annual | $5,750 |
| Annual Per SF | $1.60 |
| Total Expenses | |
|---|---|
| Annual | $11,946 |
| Annual Per SF | $3.32 |
| Net Operating Income | |
|---|---|
| Annual | $52,854 |
| Annual Per SF | $14.68 |
Property Facts
| Price | $734,500 | Building Class | C |
| Price Per Unit | $183,625 | Lot Size | 0.54 AC |
| Sale Type | Investment | Building Size | 3,600 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1985 |
| Apartment Style | Low-Rise | Parking Ratio | 2.22/1,000 SF |
| Zoning | Commercial | ||
| Price | $734,500 |
| Price Per Unit | $183,625 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.54 AC |
| Building Size | 3,600 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1985 |
| Parking Ratio | 2.22/1,000 SF |
| Zoning | Commercial |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 900 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 261-1101-50-000 | Total Assessment | $421,100 |
| Land Assessment | $70,200 | Annual Taxes | $6,196 ($1.72/SF) |
| Improvements Assessment | $350,900 | Tax Year | 2025 |
Property Taxes
Parcel Number
261-1101-50-000
Land Assessment
$70,200
Improvements Assessment
$350,900
Total Assessment
$421,100
Annual Taxes
$6,196 ($1.72/SF)
Tax Year
2025
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754 E 11th St