Renovated Upper
N5530 Highway 76 Shiocton, WI 54170
N5530 Highway 76, Shiocton, WI, 54170
$269,900
For Sale
$269,900
Duplex with a fully renovated upper unit and a character-filled lower unit, both on month-to-month occupancy.
Property Size2,164 SF
Price / SF$124.72
Days on Market199
Property Features for N5530 Highway 76
General Information
- Standard status
- Active
- Size
- 2,164 SF
- Property subtype
- Multifamily / Duplex (2 Unit)
Building Details
- Year Built
- 1906
Listing agency
Expert Real Estate Partners, LLC
(920) 225-9627
Listed by
Megan E Lone · License #90-69251
(920) 225-9627
Source
Compass
Added: Jan 5 Updated: Jul 22 at 9:25PM Checked: Jul 22 at 9:25PM
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 Expert Real Estate Partners, LLC
Investment Insights
Based on property information with market context.
This duplex offers an investor-focused rental setup with two occupied units. The upper unit has been completely renovated and features 3 bedrooms, 1 and a half baths, and laundry in the half bath. The lower unit retains original character and provides 2 bedrooms and 1 full bath.
Improvements include a newer deck/back staircase and a roof that is about 10 years old, along with two new water heaters. A massive front porch adds to the property’s curb appeal, and there are additional laundry hookups in the full basement. An internal staircase is also present and could potentially support conversion to a single-family layout.
Both units are currently occupied and operate on month-to-month terms. Note that the garage parcel and a vacant lot are not included in the sale.
Improvements include a newer deck/back staircase and a roof that is about 10 years old, along with two new water heaters. A massive front porch adds to the property’s curb appeal, and there are additional laundry hookups in the full basement. An internal staircase is also present and could potentially support conversion to a single-family layout.
Both units are currently occupied and operate on month-to-month terms. Note that the garage parcel and a vacant lot are not included in the sale.
Key Highlights
- Huge up/down duplex built in 1906 with 2‑story layout and internal staircase
- Upper unit is completely renovated: 3 beds, 1.5 baths, and laundry in the half bath
- Lower unit includes 2 beds and 1 full bath, with original character and charm retained
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 | $24.7k | $11.40 |
| − Vacancy | −$1.1k | −$0.51 |
| EGI | $23.6k | $10.89 |
| − OpEx | −$7.1k | −$3.27 |
| NOI | $16.5k | $7.62 |
2,164 SF · lease $11.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$235.6K
$206.2K – $274.9K
NOI $16,492 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$220.5K
$193.0K – $257.3K
NOI $15,436 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$596.6K
$522.1K – $696.1K
NOI $41,765 @ 7.0% cap · market cap 15.47%
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 - Duplex with a fully renovated upper unit and a character-filled lower unit, both on month-to-month occupancy.
Where is this duplex located?
The property is located at N5530 Highway 76 Shiocton, WI.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Huge up/down duplex built in 1906 with 2‑story layout and internal staircase; Upper unit is completely renovated: 3 beds, 1.5 baths, and laundry in the half bath; Lower unit includes 2 beds and 1 full bath, with original character and charm retained
