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Victorian Duplex with In-Unit Laundry

555 Pecor Street Oconto, WI 54153

555 Pecor Street, Oconto, WI, 54153
$299,999
For Sale
$299,999

Victorian duplex with in-unit laundry, updated kitchens and bathrooms, plus an outdoor 2.2-acre lot with open field and woods.

Property Size2,568 SF
Lot Size2.20 Acres
Price / SF$116.82
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
Multifamily / Duplex (2 Unit)

Building Details

Year Built
1900
Listing agency Copperleaf, LLC
Listed by Mercedes M Gibeault · License #94-91299
Source Compass
Added: Apr 13 Updated: Jul 21 at 1:03AM Checked: Jul 21 at 8:07AM

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 offers classic character with modern updates across both units. The exterior includes a spacious front porch. Inside, the first floor has been updated with new paint and flooring, a brand-new bathroom and kitchen, and a 12x4 walk-in closet, along with other improvements. The upstairs retains original hardwood flooring and trim, and includes newly renovated bathroom and kitchen spaces. Both units include in-unit laundry facilities for added day-to-day convenience.

The property sits on a 2.2-acre lot with an expansive open field and woods, located in town. A conversion to a single-family home may be possible by opening up the wall between the staircase for the upper unit and the second bedroom in the lower unit.

Overall, the layout supports two separate residential units while offering updated interior finishes and practical on-site outdoor space.

Key Highlights

  • Victorian duplex with 1st floor bedroom, 1st floor full bath, and laundry on the 1st floor
  • Both units include in‑unit laundry facilities
  • Interior updates include new bathroom and kitchen features on the first floor, plus renovated upstairs bathroom and 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 7.47%
Second Best
Apartment 5plus
$298.4K
$261.1K – $348.1K (±1% cap)
NOI $20,888 @ 7.0% cap · market cap 6.96%
Theoretical Best
Office A
$598.7K
$523.9K – $698.5K (±1% cap)
NOI $41,910 @ 7.0% cap · market cap 13.97%
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 - Victorian duplex with in-unit laundry, updated kitchens and bathrooms, plus an outdoor 2.2-acre lot with open field and woods.
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 $299,999.
What are key features of this property?
This property features: Victorian duplex with 1st floor bedroom, 1st floor full bath, and laundry on the 1st floor; Both units include in‑unit laundry facilities; Interior updates include new bathroom and kitchen features on the first floor, plus renovated upstairs bathroom and kitchen
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