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2075 Imperial Lane, Green Bay, WI 54302
$550,000
2075 Imperial Lane, Green Bay, WI 54302View this property at 2075 Imperial Lane, Green Bay, WI 54302
2075 Imperial LaneGreen BayWI54302
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Property Description
Investor opportunity! 3 duplexes located on one lot. Each unit is 2BR 1Bath & full basement, making them an attractive option for renters. Low maintenance stucco exterior. Electric heat & separate utilities. Proforma val of $630k @ 10% cap rate and $786k @ 8% cap rate. Excellent potential for cash flow and returns on investment. The location of these duplexes is ideal being close to schools, shopping & entertainment options. This makes it a desirable rental option for tenants and increases its potential for profitability. Investors can take advantage of cost segregation & bonus depreciation to reduce their tax liability and increase cash flow potential. With the potential for over 25% cash on cash return, this is an outstanding opportunity to invest in real estate.
Full Property Details
Full Property Details for 2075 Imperial Ln
General
- Sold For: $550,000
- Taxes: $6,246 (2021)
- Status: Closed
- Type: Multi-Family
- MLS ID: 50272218
- Added to Site: 451 day(s) ago
Parking
- Parking Features: Outside
Location
- Municipality: Green Bay
- County: Brown
- Driving Directions: Main St to Bader, South on Bader to Imperial, Right on Imperial
School Information
- School District: Green Bay Area
Heating & Cooling
- Heating Fuel: Electric
- Heating/Cooling: Other
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
- Utility Description: Individual Controls in Each Unit, Separate Electric Meters, Separate Water Meters
Structural Information
- Architectural Style: Other
- Description/Design: 1 Story
- Exterior Const.: Stucco
- Basement Desc.: Full, Partially Finished, Poured Concrete
- Square Feet: 4,896
- Square Feet Range: 3501 to 5000
- Sq. Ft. Source: Assessor/Public Record
Unit Information
- Units in Building: 6
Unit 1
- Square Feet: 768
- Bedrooms: 2
Unit 2
- Square Feet: 768
- Bedrooms: 2
- Primary Bedroom: 11 x 11
- Bedroom 2: 12 x 11
- Living Room: 16 x 12,
- Kitchen: 12 x 11,
Unit 3
- Bedrooms: 2
Unit 4
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.36
- Lot Size Range: 0 to .499 Acres
- Lot Size Source: Assessor/Public Record
- Zoning: MULTI-FAMILY(5+UNITS)
Financial Considerations
- Tax Amount: $6,246.42
- Tax Year: 2021
Listed and Sold by Keller Williams Green Bay
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Schools
Schools serving 2075 Imperial Ln
School District:Green Bay Area Public School District
Rating | Name | Grades | Distance |
---|---|---|---|
1770 Amy St, Green Bay, WI 54302 | PK-5 | 0.5 mi | |
442 Alpine Dr, Green Bay, WI 54302 | 6-8 | 1.5 mi | |
2222 Deckner Ave, Green Bay, WI 54302 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2075 Imperial Ln
Date
Details
Price
Change
Source
7/18/2023
Sold
$550,000
-2.65%
MLS
3/22/2023
Listed
$565,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2075 Imperial Lane, Green Bay, WI 54302 (MLS# 50272218) is a Multi-Family property that was sold at $550,000 on July 18, 2023. Want to learn more about 2075 Imperial Lane? Do you have questions about finding other Multi-Family real estate for sale in Green Bay? You can browse all Green Bay real estate or contact a Coldwell Banker agent to request more information.