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For sale 11 days ago

$74,900

4 bd 2 ba 0 sqft

313 E 1st St, Gillett, WI 54124

Residential Duplex Off MLS

Current Rent **

N/A

Projected Rent **

$1,890

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent:
  • Bedroom: 3 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: Yes
Unit 2 Details
  • Current Rent:
  • Bedroom: 1 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: Yes

Upper/Lower or SFH Conversion

We currently have 1 property under Contract in Gillett

Property Specs
Upper Lower or Single-Family Home Conversion
Upper: 3 Bed 1 Bath
Lower: 1 Bed 1 Bath
2 Stall Detached Garage
Basement Type: Field Stone

Property Features
Gas & Electric Split
Brand new roof

Rent & Lease Info
Tenant Occupied
* 1 lease in place until 4/1/25, however tenant would prefer a shorter term. Call for more details
Tenants Pay All Utilities
Tenant Responsible For Lawn Care & Snow Removal

Market Rents:
3 Bed Unit: $1,174
Studio Unit: $716
Total Market Rent Potential: $1,890/Month

Contract Details
Closing Date: 08/08/2024
Included In Contract: Refrigerator, Stove
*Some Personal Items May Be Left Behind, Budget For Clean Out

Location:

313 E 1st St, Gillett, WI 54124

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.