Side-by-Side Raised Ranch
418 Hamilton Place Unit 420 Horicon, WI 53032
418 Hamilton Place Unit 420, Horicon, WI, 53032
$300,000
Pending
For Sale
$300,000
Pending
Side-by-side duplex with two 2-bedroom, 1-bath units, each with an attached garage and walk-out lower level.
Property Size1,816 SF
Days on Market29
Property Features for 418 Hamilton Place Unit 420
General Information
- Standard status
- Pending
- Size
- 1,816 SF
- Property subtype
- Two-Family / Two Family
Building Details
- Year Built
- 1974
Listing agency
Shorewest Realtors, Inc.
(262) 483-5280
Listed by
Joseph Toth · License #90493-94
(262) 483-5280
Source
Compass
Added: Jun 25 Updated: Jul 21 at 4:31PM Checked: Jul 22 at 6:49AM
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 Shorewest Realtors, Inc.
Investment Insights
Based on property information with market context.
This raised ranch side-by-side duplex offers two separate units, each with 2 bedrooms and 1 bath. The layout includes spacious living areas and an attached garage, with a walk-out lower level for each unit. The property also sits on a large city lot with two generously sized outbuildings.
The duplex is located near schools and parks and provides easy access to downtown Horicon. With its owner-occupant or investor flexibility, the configuration is well suited for tenants who value private unit living within a single building.
Each unit’s 2-bedroom, 1-bath design and attached garage support straightforward day-to-day functionality, while the additional outbuilding space provides extra flexibility on the property.
The duplex is located near schools and parks and provides easy access to downtown Horicon. With its owner-occupant or investor flexibility, the configuration is well suited for tenants who value private unit living within a single building.
Each unit’s 2-bedroom, 1-bath design and attached garage support straightforward day-to-day functionality, while the additional outbuilding space provides extra flexibility on the property.
Key Highlights
- Side‑by‑side duplex with two 2‑bedroom, 1‑bath units
- Each unit includes an attached garage and a walk‑out lower level
- Full poured concrete basement with dual entry
Local 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 | $24.0k | $13.20 |
| − Vacancy | −$796 | −$0.44 |
| EGI | $23.2k | $12.76 |
| − OpEx | −$7.0k | −$3.83 |
| NOI | $16.2k | $8.93 |
1,816 SF · lease $13.20/SF/yr · vacancy 3.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$231.8K
$202.8K – $270.4K
NOI $16,223 @ 7.0% cap · market cap 5.41%
Second Best
Apartment 5plus
$214.8K
$188.0K – $250.6K
NOI $15,036 @ 7.0% cap · market cap 5.01%
Theoretical Best
Office A
$394.5K
$345.2K – $460.3K
NOI $27,615 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Side-by-side duplex with two 2-bedroom, 1-bath units, each with an attached garage and walk-out lower level.
Where is this duplex located?
The property is located at 418 Hamilton Place Unit 420 Horicon, WI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Side‑by‑side duplex with two 2‑bedroom, 1‑bath units; Each unit includes an attached garage and a walk‑out lower level; Full poured concrete basement with dual entry
