$159,900

Marian Drive, Edgerton, WI 53534, US

Summary

Style: Service

Moving Quotes

primary photo for Marian Drive, Edgerton, WI 53534, US

Remarks

Unique investment opportunity to own your own water system. 49 accounts pay $123 every three months. Cap rate of 10.89% based on current list price & 2024 estimated financials. Great cash flow without the hassle of tenants. Equipment in well house was upgraded in 2017-2018 with updated pressure tank, pump, electronic system, etc (over $56,000 in upgrades). System has the potential to add additional homes on with additional land being acquired and developed (would need a new well drilled, but pump house equipment is potentially set up for future additional homes. Buyer to verify if important). Brand new siding installed in 2023. Financials listed for 2024 estimates. Owner will provide previous year financials as well as 2024 YTD to qualified buyers.

Details

MLS#: 1963807
Price: $159,900

Style: Service

County: Rock
Tax Fee: 147

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Broker Contact

Best Realty of Edgerton
Why work with anyone when you can work with the BEST?!
5 W Rollin St
Edgerton, WI, 53534-1659
US
Paula Carrier
! (608) 884-8468
! best4lord@aol.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by South Central Wisconsin MLS Corporation
Last updated: 2024-08-23T17:12:37.000-05:00.
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