1226 7th Street S, La Crosse, WI 54601

$225,000
2,015
SqFt

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Listing courtesy of Christopher Crumlish.

List Price
$225,000
MLS#
1979940
Status
ACTIVE
Year Built
1880
County
La Crosse
Municipality
La Crosse
Baths Full
3
TotalSqFt
2,015
Acres
0.16

Property Description

Remarks [MLS Description] (Ac Mgr): Investor opportunity! Income-producing multi-unit featuring immediate cash flow, multiple income streams, and massive value-add potential. Perfect fit for portfolio expansion or an owner-operator looking for house-hacking upside.CURRENT RENTAL ROLL ($2,100/mo Total): Downstairs 1 Bed / 1 Bath: $650/mo Downstairs 1 Bed / 1 Bath: $700/mo Upstairs 2 Bed / 1 Bath: $750/moVALUE-ADD POTENTIAL: Strong market upside with potential gross rental income of $2,700-$3,000/month ($32,400-$36,000/year). Bring rents to market rates through simple turnover or light cosmetic updates to capture an immediate 28 per to 42 per revenue increase. Multi-family properties with this level of embedded equity and income growth do not last long, schedule your showing tod

Additional Information

TotalTaxes
$3,708
Parking
Outdoor Space, Inside Parking, Outside
Basement
None / Slab
Exterior
Vinyl
Garage Description
Indoor Space
School District
La Crosse
Courtesy Of
Christopher Crumlish

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Calculator source: Real Geeks

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