835 Lancaster Street Street, Platteville, WI 53818
- $185,000
Listing courtesy of RE/MAX Advantage Realty. Selling Office: .
- Sold Price
- $185,000
- List Price
- $179,900
- Closing Date
- Mar 31, 2026
- MLS#
- 2017827
- Status
- CLOSED
- Year Built
- 1900
- County
- Grant
- Municipality
- Platteville
- Acres
- 0.39
Property Description
High-yield triplex generating $23,400 in gross annual rents with approximately a 10% cap rate at the current list price. Tenants pay all utilities, keeping owner expenses low. Annual expenses include property taxes, insurance, and maintenance reserve, resulting in an estimated NOI of $18,000+. SEE ASSOCIATED DOCS FOR INVESTMENT ANALYSIS. Three 1-bedroom units with off-street parking. Appliances included. One unit has forced air heat; two have radiant heat. Simple, efficient, income-producing asset with strong day-one returns. Brand new roof, siding, gutters & downspouts.
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Additional Information
- TotalTaxes
- $2,046
- Interior Features
- High Speed Internet
- Utilities
- High Speed Internet Available, Separate Electric Meters, Separate Gas Meters, Separate Water Meters
- Parking
- 2 Space, Outside
- Basement
- Partial, Block
- Exterior
- Vinyl
- Heating / Cooling
- High Speed Internet Available, Separate Electric Meters, Separate Gas Meters, Separate Water Meters
- School District
- Platteville
- Elementary School
- Call School District
- Middle School
- Platteville
- High School
- Platteville
- Courtesy Of
- RE/MAX Advantage Realty
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