We are interested in assigning contractual interest in this tenant-occupied duplex with 2 beds in the lower and 3 beds in the upper (including 3rd floor renovation).  It’s in very good condition, with newer roof, siding, windows, and most mechanicals upgraded, as well as all four basement walls rebuilt with cinder block.  With 2048 sq ft, it’s located near the center of downtown Waukesha, near the corner of Madison St and W North St.  Asking $184,000 OBO Cash only

• Roof is newer
• Siding is newer
• Windows are newer
• Water heater – newer
• Furnace – newer
• Newer electrical panel, 150amp service
• Interior in good general condition, would benefit from kitchen updating
• Newer laminate in bedroom and main living space on main floor
• Tenants verbal, month to month paying $600 in the lower, $1000 in the upper, water not included.  Lower rent is $700 below market and upper is $300 below market – Rentometer.com
• There is off-street parking but no garage and limited outside space
• Taxes were $2,971 in 2020
• Potential structural work needed to basement joists

Property works great as a rental, with very little to do right away.  Significant equity from day one.

Asking – $184,000 OBO Cash only  

**WE PREFER TO ASSIGN THIS CONTRACT WITH 105 N ST CT – A 2 BED SFR FOR $129,000.  WILL CONSIDER A DISCOUNT FOR BOTH

To schedule an appointment, contact Craig (414) 708-9982

Wholesale investor is a licensed real estate salesperson in WI.