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About the Listing 346 - 10378
Unique investment opportunity to own your own water system. 49 accounts pay $123 every three months. Cap rate of over 13% based on current list price & 2024 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.
Listing Highlights
Status
Pending
Days on Site
233
Property Type
Commercial Sale
MLS ®
1999550
Year Built
999
Total Square Footage
600
Lot/Acreage
0.09
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 600
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Oakhill Water Works Inc
- Garage Capacity: N/A
- Zoning: Commercial
- Roof: Composition
- Others: Wood
- Sewer: Well, No sewer
Financial Details
- Tax Amount: $197
- Taxes w/Assessments: N/A
- Tax/Property ID: 012 0230201
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
0 Marian Drive Edgerton, WI 53534
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