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Listed by Dan Gjerseth • eXp Realty LLC
$1,550,000
Est. payment /mo
15,660 SqFt
Active
1001 Bay Shore Drive Drive #1-16 Oshkosh, WI 54901
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UPDATED:
12/30/2024 02:14 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 15,660 sqft
Price per Sqft $98
Municipality OSHKOSH
MLS Listing ID 1587839
Year Built 1964
Annual Tax Amount $18,047
Tax Year 2024
Lot Size 1.350 Acres
Acres 1.35
Property Description
Discover a lucrative investment opportunity with this 16-unit property, featuring a 14-unit apartment building and a duplex on two adjacent parcels. Situated along the channel to Lake Winnebago, this prime location has stunning sunset views, easy access to downtown, and proximity to major highways. With a NOI of $119,978, this investment has a cap rate of 7.74% Don't miss the chance to own a waterfront gem with great income potential. Contact us today for more details or a private showing! The two parcels included in the sale are: 14 unit apartment: 08-05910000. Duplex: 08-05900000. All showings will take place on January 4, 2025 at the open house starting at 10am. This property is co-listed with Jacob Helmrick - EXP Realty.
Location
State WI
County Winnebago
Zoning Residential-Multifamily
Lake Name Channel To Lake Winnebago
Rooms
Basement Full, Poured Concrete
Interior
Interior Features Circuit Breakers
Heating Natural Gas
Cooling Wall/Sleeve Air, Forced Air
Exterior
Exterior Feature Brick, Cedar, Wood
Waterfront Description 200-300 feet,Common Frontage,Lake,Waterfrontage on Lot
Building
Dwelling Type 4-Season,Apartment Building
Sewer Municipal Sewer
New Construction N
Schools
School District Other
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