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Sold on 01/31/2025
Brian Lawton of EXIT Realty HGM
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819-821 823 Lum Ave, Waterloo, WI 53594

  • $676,416

    Last sold 01/31/2025 for $1.71M

  • 4

    bed

  • 2

    bath

  • 1,500

    Sqft ($1,143/Sqft)

Multi-family not for sale
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About 819-821 823 Lum Ave

Property type Multi-family
Neighborhood
Year built 1990
HOA fee $0/month
Lot size 1.57 Acre
Movoto estimate
Property description
Discover an exceptional investment opportunity with these 3 6-unit apartment buildings, perfectly designed for maximum income potential. Each unit boasts 2 spacious bedrooms and 1 modern bathroom, catering to a broad range of tenants seeking comfort and convenience. This property has a proven track record of generating substantial rental income, making it a reliable addition to your investment portfolio. It is situated in a desirable neighborhood with easy access to shopping, dining, and public transportation, attracting long-term tenants. The property includes sufficient parking spaces for all units, enhancing tenant convenience and property appeal. This apartment building is not just an investment; it's a high-performing asset that promises a steady stream of income!
Listed by
Listing Agent - Brian Lawton
Listing Office - EXIT Realty HGM
Source: SCWMLS mls logo
MLS#1981105 • last updated 1 year ago
Movoto checked SCWMLS for data 4 minutes ago
Overview
Status Sold
Type Multi Family
SubType Apartment Building
Lot Size (Acres) 1.57
Property Tax 25309
Listing Agent Contact Lawtonteam@exithgm.com, 262-200-1252
Listing Office Contact 608-563-2272
Listing Office EXIT Realty HGM
Listing Agent Brian, Lawton
Interior
Basement None
Exterior
Exterior Vinyl, Brick, Stone
# Outdoor Parking 28
# Parking Per Unit Outside
Amenities / Utilities
Water/ Waste Municipal Water, Municipal Sewer
Utilities Separate Elec Meters, Separate Gas Meters
Location
Area WATERLOO - C
County Jefferson
School District Waterloo
High School Waterloo
Elementary School Waterloo
Middle School Waterloo
APN 290-0813-0523-047
Zoning Multi
Multifamily Details
Unit 2: Room(s) Eat-in Kitchen, Range/oven, Refrigerator, Wood Or Sim. Wood Floor, Individual Heat Control
Unit 1: SqFt 750
Unit 2: Parking 1 Space
Unit 2: Lease Expiration Date M2m
Unit 1: # Full Baths 1
Unit 2: # Full Baths 1
Unit 2: # Beds 2
Unit 1: Room(s) Eat-in Kitchen, Range/oven, Refrigerator, Individual Heat Control, Wood Or Sim. Wood Floor
Unit 2: Monthly Rent 845
Unit 1: Monthly Rent 830
Net Operating Income 144134
Total Expenses 37726
$676K
Range: $608K-$744K
Last 30 days 
  • 819-821 823 Lum Ave
    $1.71M
  • Waterloo - C
    —
  • 53594
    $439K +3% y/y
  • Waterloo
    $438K +3% y/y
No chart available
Statistics calculated by Movoto

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4/10
Waterloo Elementary School
public Grades PK, K-4
Waterloo School District
5/10
Waterloo Intermediate School
public Grades 5-6
Waterloo School District
5/10
Waterloo Middle School
public Grades 7-8
Waterloo School District
6/10
Waterloo High School
public Grades 9-12
Waterloo School District
Source: GreatSchools.org © 2026. All rights reserved.

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