Property Description for 0 Marian Dr, Edgerton, WI 53534
Unique investment opportunity to own your own water system. 49 accounts pay $106.50 every three months. Cap rate of 8.055% based on current list price & 2021 financials. Great cash flow without the hassle of tenants. Equipment in well house was upgraded in 2017-2018 with updated pressure tank, pump, electronic system, etc (over $56,000 in upgrades). System has the potential to add additional homes on with additional land development (would need a new well drilled, but pump house equipment is potentially set up for future additional homes. Buyer to verify if important).
- Present Use: Service
- Total Operating Expense: $3,645
- Gross Sales: $0
- Location: Free standing, Residential area
- Taxes: $176
- County: Rock
- Zoning: R
- Net Leasable SqFt: 0
- MLS Number: 1941088
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