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Listed by Knaack Realty LLC
$ 439,000
Est. payment | /mo
3,600 SqFt
$ 439,000
Est. payment | /mo
3,600 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active-No Offer
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $121
Municipality City of Oshkosh
MLS Listing ID 50334907
Year Built 1976
Annual Tax Amount $5,619
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Multi Family
Source ranw
Property Description
EXCEPTIONAL INVESTMENT OPPORTUNITY – CURRENT 11% CAP RATE! Discover this income-producing 4-plex ideally situated just steps from the UW–Oshkosh campus! Offering an impressive 11% cap rate based on current rental income and operating expenses, this property presents an outstanding opportunity for investors seeking immediate cash flow in a desirable rental location. The current owner has made substantial improvements throughout the property, providing the next investor with the benefit of extensive updates already completed. Interior improvements include two beautifully renovated bathrooms with walk-in showers, updated cabinetry and tile flooring, new wood flooring in three units, and fresh paint throughout all four apartments. Exterior and mechanical improvements include updated fascia and soffits, new gutters with leaf guards, restored balconies, security upgrades, updated fire safety equipment, and garage improvements. Additional features include on-site coin-operated laundry, off-street parking, and air-conditioning improvements. Conveniently located near UW–Oshkosh, downtown amenities, restaurants, and shopping, this property benefits from an established rental history and a location appealing to tenants. With an attractive current return, significant capital improvements, and a desirable location, this is a compelling addition to any investment portfolio. Current ownership is transitioning out of state, creating an opportunity for a new investor to acquire this established income-producing property. Showings by appointment only. Please respect tenants' privacy; 24 hour notice required. Per seller, showings 10am-4pm only.
Location
State WI
County Winnebago
Zoning Commercial
Interior
Heating Radiant
Exterior
Parking Features Detached, Outside
Utilities Available Sep Electric Meter, Sep Water Meter/Unit
Total Parking Spaces 2
Building
Foundation Poured Concrete
Sewer In Sanitation District, Public Sewer
Water Public
Structure Type Aluminum Siding
Schools
School District Oshkosh Area
Copyright 2026 REALTORS Association of Northeast WI MLS, Inc. All Rights Reserved. Data Source: RANW MLS