1920 4Th Ave, Baldwin, WI 54002
This exceptional six-unit multi-family property, situated on a spacious 1.43-acre lot at 1920 4th Avenue in Baldwin, Wisconsin, presents a compelling investment opportunity. The property comprises six generously sized units, each boasting two large bedrooms, one bathroom, a private patio, and a sizable backyard. A significant advantage is the inclusion of an attached two-car garage with each unit, a highly desirable feature for tenants. All units have undergone recent renovations within the past three years, resulting in a modern and attractive living space that appeals to a high-quality tenant base. This translates to minimal owner responsibilities, as tenants are responsible for all utilities. The property owner currently handles lawn care, snow removal, building maintenance, insurance, and property taxes, ensuring a streamlined management process. The property's location within a thriving community, close to local amenities, further enhances its appeal and contributes to its strong rental income potential. This property is ideally suited for both experienced investors seeking a stable, high-return investment and those new to the rental market looking for a turnkey opportunity. The asking price of $1,000,000 reflects the property's excellent condition, desirable features, and strong potential for long-term profitability. The substantial lot size also offers potential for future expansion or development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.