About 0 Marian Drive
Unique investment opportunity to own your own water system. 49 accounts pay $123 every three months. Cap rate of over 13% based on current list price & 2024 financials. Great cash flow without the hassle of tenants. Equipment in well house was upgraded in 2017-2018 with updated pressure tank, pump, electronic system, etc (over $56,000 in upgrades). System has the potential to add additional homes on with additional land being acquired and developed (would need a new well drilled, but pump house equipment is potentially set up for future additional homes. Buyer to verify if important). Brand new siding installed in 2023.
Features of 0 Marian Drive
MLS® # | 1999550 |
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Price | $154,900 |
Square Footage | 600 |
Acres | 0.09 |
Type | Business/Comm |
Sub-Type | Service |
Status | Active |
Detailed Status | Active |
Net Taxes | $197 |
Tax Year | 2024 |
Community Information
Address | 0 Marian Drive |
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Area | FULTON - T |
City | Fulton |
County | Rock |
State | WI |
Zip Code | 53534 |
Amenities
Parking | 1-5 spaces, Onsite, Gravel |
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Interior
Exterior
Exterior | Wood |
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Roof | Composition |
School Information
Additional Information
Zoning | Commercial |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Assessed Value | $22,400 |
Year Assessed | 2025 |
Open House Information
Listing Details
Office | Best Realty of Edgerton |
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