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Victorian Duplex with In-Unit Laundry

555 PECOR Street Oconto, WI 54153

555 PECOR Street, Oconto, WI, 54153
$289,900
For Sale
$289,900

Two-unit Victorian duplex offers in-unit laundry and updated interiors, with an additional 2.2-acre yard behind the home.

Property Size2,568 SF
Lot Size2.20 Acres
Price / SF$112.89
Days on Market100

Property Features for 555 PECOR Street

General Information

Standard status
Active
Size
2,568 SF
Lot size
2.20 Acres
Property subtype
Duplex

Building Details

Year Built
1900
Listing agency Copperleaf, LLC
Listed by Mercedes M. Gibeault · License #9491299
Source C21ace
Added: Apr 13 Updated: Jul 20 at 4:17AM Checked: Jul 21 at 6:23AM

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 Copperleaf, LLC


Investment Insights

Based on property information with market context.

This Victorian duplex includes two units with in-unit laundry facilities. The first floor offers a range of updates, including new paint, updated floors, a brand-new bathroom, and a renovated kitchen, along with a 12x4 walk-in closet and other improvements. The upstairs retains original hardwood flooring and trim, with a newly renovated bathroom and kitchen.

The property sits on 2.2 acres behind the house, featuring an expansive open field and woods within town limits.

If desired, the layout can be converted to a single-family home by opening up the wall between the staircase for the upper unit and the second bedroom in the lower unit.

Key Highlights

  • Victorian duplex built in 1900 with classic exterior features including a spacious front porch
  • Additional 2.2‑acre yard behind the home includes an open field and woods, located right in town
  • First‑floor updates include new paint, floors, a brand‑new bathroom, and an updated kitchen

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 $33.9k $13.20
− Vacancy −$1.9k −$0.73
EGI $32.0k $12.47
− OpEx −$9.6k −$3.74
NOI $22.4k $8.73
2,568 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$320.3K
$280.3K – $373.7K (±1% cap)
NOI $22,423 @ 7.0% cap · market cap 7.73%
Second Best
Apartment 5plus
$298.4K
$261.1K – $348.1K (±1% cap)
NOI $20,888 @ 7.0% cap · market cap 7.21%
Theoretical Best
Office A
$598.7K
$523.9K – $698.5K (±1% cap)
NOI $41,910 @ 7.0% cap · market cap 14.46%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Big Box & Wholesale Store Spa & Massage Center HVAC Service Parking Lot & Garage Pharmacy Electrical Service Building Supply Auto Parts Store Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit Victorian duplex offers in-unit laundry and updated interiors, with an additional 2.2-acre yard behind the home.
Where is this duplex located?
The property is located at 555 PECOR Street Oconto, WI.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Victorian duplex built in 1900 with classic exterior features including a spacious front porch; Additional 2.2‑acre yard behind the home includes an open field and woods, located right in town; First‑floor updates include new paint, floors, a brand‑new bathroom, and an updated kitchen
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