Prime 8-plex investment opportunity in downtown Lake Geneva's historic Maple Park. This property includes a charming Victorian home and a modern 4-plex, offering 8 fully leased units with long-term tenants. Recent upgrades include new roofs, furnaces, hot water heaters, and unit renovations like kitchens, baths, and flooring. Boasting a strong CAP rate, this solid turnkey property provides steady income and excellent growth potential. Coveted off-street parking for 12+ cars. Located in a desirable lakeside community, walking distance to everything Lake Geneva has to offer, it's ideal for investors seeking high-performing multifamily real estate. Don't miss this rare chance--schedule your private showing today!
Cozy duplex with amazing hardwood floors and that ''old school woodwork'' that everyone loves in the City of Lake Geneva with three garage spaces Two bedroom, 1 bath in main floor unit with basement access and one bedroom and one bath in the upper second unit. Both front and back porches, deck on back of home new within a couple years, full basement not finished but still being used. Tenant pays all utilities. Don't want that full mortgage payment to live in Lake Geneva? Let a tenant pay for a nice portion of it!! Inspections for informational purposes only / seller MAY do nominal repairs, have functioned very well for current owner for the past six years.
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Lake Geneva is located in Wisconsin. Lake Geneva, Wisconsin has a population of 8,300. Lake Geneva is less family-centric than the surrounding county with 19.38% of the households containing married families with children. The county average for households married with children is 26.34%.
The median household income in Lake Geneva, Wisconsin is $59,162. The median household income for the surrounding county is $69,382 compared to the national median of $69,021. The median age of people living in Lake Geneva is 45 years.
The average high temperature in July is 83.1 degrees, with an average low temperature in January of 11.8 degrees. The average rainfall is approximately 36.1 inches per year, with 36.3 inches of snow per year.