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Marian Drive Edgerton, WI 53534
- Other / Resale (MLS)
Property Details for Marian Drive, Edgerton, WI 53534
Features
- Total Units: 1
Facts
- Property ID: 878122863
- MLS Number: 1963807
- Property Type: Other
- County: ROCK
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. 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 are estimates. 2023 financials are YTD with Q4 estimated.
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Property Brokerage:
Best Realty of Edgerton, LTD
5 W Rollin St
Edgerton
WI
53534
Copyright © 2024 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.