1702 Wisconsin Ave, Beloit, WI 53511
Side-by-side units feature private basement areas, spacious kitchens, and three bedrooms per unit.
Property Features for 1702 Wisconsin Ave
General Information
Additional Details
Taxes and HOA fees
Building Details
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Investment Insights
Based on property information with market context.
The duplex is near an elementary school and within walking distance of parks. One unit is occupied under a lease expiring 9/24/2026, with the current tenant interested in staying. The other unit has Airbnb information available in the documents section and is offered furnished at closing. Zoning is Duplex.
Key Highlights
- Townhouse‑style brick duplex with side‑by‑side units
- Each unit offers 3 bedrooms, 1 full bath, and private basement space
- 1,100 sq ft of living space
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.2k | $13.80 |
| − Vacancy | −$683 | −$0.62 |
| EGI | $14.5k | $13.18 |
| − OpEx | −$4.3k | −$3.95 |
| NOI | $10.1k | $9.23 |
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Demographics for 53511, WI
Market
Vacancy Rate% for Multifamily in Midwest region