Search
Owner-Occupy Triplex Investment
For Sale
$509,900
Pending

222 Margaret Street, Watertown, WI 53098

Triplex with three 3-bedroom, 1-bath units, with upgrades including remodeled bathrooms, flooring, windows, and appliances.

Property Size11,761 SF
Days on Market192

Property Features for 222 Margaret Street

General Information

Standard status Pending
Size 11,761 SF
Property subtype Multi-Family / Multi-Family

Additional Details

Business Included Yes
Multifamily Units 3

Amenities

Laundry Facilities, Walk Out/Outer Door, Full, Yes
Stone, Brick

Building Details

Year Built 1888
Tenancy Multi
Listing Agency: Lannon Stone Realty LLC
Listed By: Marisa L Baeurle · License #80487-94
Source: Compass
Added: Feb 26 Changed: Aug 8 Last Checked: Aug 3 at 10:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lannon Stone Realty LLC

Investment Insights

Based on property information with market context.

This triplex offers three separate units, each with 3 bedrooms and 1 bathroom, making it well suited for an owner-occupant or an investor looking for income-producing residential space. Unit 222 features a new tub/shower, light fixtures, some newer windows, and appliances. Unit 224 includes a completely remodeled bathroom, new flooring, new carpet, an updated kitchen with stainless steel appliances, newer washer/dryer, some new windows, a new garage roof, updated interior doors, a new front door, and new plumbing fixtures.

The property is located at 222 Margaret Street in Watertown, WI.

Key Highlights

  • Triplex built in 1888 with three units, each offering 3 bedrooms and 1 bath
  • Unit 222 upgrades include new tub/shower, light fixtures, some newer windows, and included appliances
  • Unit 224 features a completely remodeled bathroom, new flooring and carpet, and an updated kitchen with new SS appliances

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Parking Lot & Garage Electrical Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

564
Businesses Nearby

Demographics for 53098, WI

11,562
Population
4,753
Households
2.4
Avg Household Size
47
Median Age
17%
College-Educated
93%
High-School Grad
101.6 sq mi
ZIP Area
114
Density / Sq Mi
$73,147
Median Household Income
$36,156
Median Earnings
$1,100
Median Rent
$239,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Triplex with three 3-bedroom, 1-bath units, with upgrades including remodeled bathrooms, flooring, windows, and appliances.
Where is this triplex located?
The property is located at 222 Margaret Street Watertown, WI.
What is the asking price?
The asking price for this property is $509,900.
What are key features of this property?
This property features: Triplex built in 1888 with three units, each offering 3 bedrooms and 1 bath; Unit 222 upgrades include new tub/shower, light fixtures, some newer windows, and included appliances; Unit 224 features a completely remodeled bathroom, new flooring and carpet, and an updated kitchen with new SS appliances
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message