May 16, 2018

SOLD! 507 N Franklin St Sheboygan WI 53081!

Address: 507 N Franklin ST Sheboygan, Wisconsin 53081-4626 Taxed by: Sheboygan MLS #: 1577034

357 W. Wisconsin Avenue
Oconomowoc, WI 53066

Phone: 414-254-6647

Fax:

Email: kjohnston5@wi.rr.com

https://www.kristinjohnston.com

Provided as a courtesy of:

Kristin K Johnston

RE/MAX Realty Center
Directions: 2 addresses for property: 426 Pennsylvania Ave (the front of the building and access to main floor unit) and 507 N Franklin St (the back of the building with access to 2 upper units)

Coordinates:
Property Type: Multi-Family

Status: Sold

County: Sheboygan

 List Price: $124,900

Est. Acreage: 0.05

 Taxes: $2,302

Tax Year: 2017

 Tax Key: 59281111210

Zoning: RES
Est. Year Built: 1946 Lot Description: Flood Plain: No Occ. Permit Required: N
School District:Sheboygan Area

Subdivision:

 High School:

Subd. Dues/Yr.: $

 Middle School:

Body of Water:

 Elementary School:

Days On Market: 25
Unit Details

Unit Type 1 Unit Type 2 Unit Type 3

 Unit Type 4
Avg Rent $

 550

 550

 500
# Units

 3
Total Units: 3

Sched Gross Income $ 19,500

Vac Allow:

Gross Operating Inc. $ 19,500

Total Operating Exp. $ 7,188

Net Operating Income $ 10,512

Laundry: Private

 Inside Parking: 0

Outside Parking: 3

Occupied: Yes

Security Deposit: Yes

Code Comp: Unknown

DILHR: Unknown
Type: Duplex +; View of Water
# of Stories: 3-4 Stories
Exterior: Brick; Vinyl
Roofing: Composition
Garage/Parking: Outdoor Space; Near Public Transit
1st Type Unit: 2 Bedrooms; 1 Bath; Living Room; Range/Oven; Refrigerator; Washer/Dryer; Eat-In Kitchen; Balcony/Patio
2nd Type Unit: 2 Bedrooms; 1 Bath; Living Room; Range/Oven; Refrigerator; Washer/Dryer; Eat-In Kitchen; Balcony/Patio
3rd Type Unit: 2 Bedrooms; 1 Bath; Living Room; Range/Oven; Refrigerator; Washer/Dryer; Eat-In Kitchen; Balcony/Patio
Owner Pays: None
Tenant Pays: Gas; Heat; Electricity; Water
Basement: None
Heating/Cooling: Natural Gas; Hot Water/Steam
Water/Waste: Municipal Water; Municipal Sewer
Municipality: City
Seller Owned: Washer; Dryer; Water Heater
Seller Leased: None
Tenant Provides: None
Documents On File: Seller Condition; Tax Bill; LeadPaint Disclosure; Listing Contract
Estimated SqFt #1: 751-1000
Estimated SqFt #2: 751-1000
Estimated SqFt #3: 751-1000
Remarks: LOCATION LOCATION LOCATION! Rare Triplex Investment Opportunity across from Blue Harbor Resort! Terrific rental history/low vacancy rates! Views of both the river and the lake! Each unit has a stove, refrigerator, washer & dryer. 2 of 3 boilers only 1 year old. All water heaters less than 3 yrs old. Newer windows on main floor unit. Separate utilities for each unit. Recently (2017) releveled porch on east side and middle of the property, and rebraced second floor balcony. Private Entrances & Off Street Parking too!

Private Remarks: $6000 credit given to buyer

Showing Instructions: ShowingTime online, 12 Hr + notice please due to tenants

Kristin Johnston

I am a full-time Realtor with RE/MAX Platinum. I enjoy selling Real Estate throughout all of SE Wisconsin, however, I focus mainly on Waukesha County Real Estate and Milwaukee County Real Estate. I definitely enjoy listing and selling lakefront homes and condos in Pewaukee.

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