Listing Provided Courtesy Of:
Encore Real Estate Brokerage
Address
3419 Cleveland Ave Marinette, WI
Price
$ 2,650,000
Property Attributes
  • MLS#1687528
  • TypeMulti-Family
  • CountyMARINETTE
  • CityMarinette
  • Zip54143
  • StyleApartment Building
  • Year Built1981
  • Taxes21375
  • Price$ 2,650,000
  • Bedrooms2
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2253
  • Lot Size2.97 Acres
Listing Provided Courtesy Of:
Encore Real Estate Brokerage
Property Description

This large Section 8 multi-family property includes tremendous income potential! Current HAP contract results in an outstanding cap rate of 8.25%. Please contact brokers for details regarding the HAP & LURA contracts.Marinette Woods Apartments is located in an area which includes an estimated population of 18,024 within a 5-mile radius and 25,968 within a 10-mile radius. The property is situated less than a half mile from a major commercial corridor which provides significant employment opportunities for residents. The property consists of 2 buildings which are located on a 2.97-acre site. They contain a mix of 2 BR/1 BA (50%) and 3 BR/2 BA units (50%). The floorplans are large and attractively designed.

Middle School High School
Marinette Middle School Marinette High School
Price History
5/5/2020 Listed $2,650,000

General Features

1st Type Unit 1 Bath, 2 Bedrooms, Dining Room, Disposal, Living Room, Range/Oven, Refrigerator
2nd Type Unit 2 Baths, 3 or More Bedrooms, Dining Room, Disposal, Living Room, Range/Oven, Refrigerator
3rd Type Unit 2 Baths, 3 or More Bedrooms, Dining Room, Disposal, Handicap Equipped, Living Room, Range/Oven, Refrigerator
Basement None
Garage Features Outdoor Space
High School Marinette
Middle School Marinette
Property Type D
School District Marinette
Status Active
Tax Year 2019
Taxes 21375.44
Type Apartment Building
Year Built 1981
Zoning RM-2

Interior Features

Heating/Cooling Electric
Stories 1-2 Stories
Total Number of Units 48
Type 1 Units 24.00
Type 2 Units 6.00
Type 3 Units 18.00

Exterior Features

Exterior Partial-Aluminum, Partial-Brick, Partial-Vinyl
Flood Plan No
Lot Size Irregular
Parking Inside 0.00
Parking Outside 73.00
Roofing Composition
Water/waste Municipal Sewer, Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 54143

Price
AVG $310K
$2.65M
Taxes
AVG $3,041
$21,375
Visits
AVG 2
5
Year Built
AVG 1920
1981
Walkscore
AVG 48
35
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.