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$475,000   Price Analysis
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131-133 Cross and John St
Poynette, WI 53955
8 bed 4 bath 3,320 SqFt ($143/SqFt)
0.4 acre lot. Built 1974
Listed 2024-06-27, Taxes $7,504
USDA Eligible
near Poynette, WI
 Restrictions may apply
due to home size

623 and 625 Cross St and 131 and 133 W John St Poynette: Attention investors

* No Longer For Sale *
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First time on the market is this turn key income opportunity. 2 duplexes on one parcel makes for a perfect setting. Each unit is a 2 bedroom with 1 bath. The sellers have updated the units over the years including steel roofs, vinyl windows, kitchens and bathrooms.

Excllent rental history. Each unit has its own electric & water service. The renters mow & shovel their own units. Full basements in each unit for expansion if needed. Zoned residential multi-family. Each unit has a wall ac, electric base board heat. Manufactured home. Virtual tour for other duplex in tours


Presented by Scott Elert at
RE/MAX Preferred.
Listing Agent Photo

Property MLS #1980329 from SCWMLS

Bedrooms: 8

# Stoves: 4
Laundry Features: # Washers: 3, # Dryers: 3

4

Full Bathrooms: 4

Heating Features: Heating Type: Radiant
Heating Fuel: Electric
Water Heaters: 4

Basement Description: Full, Poured concrete foundatn

Aluminum/Steel

Covered Spaces: 2
Garage Spaces: 1
Garage Description: 1 stall garage, Attached, 1 space, Opener inc
Garage Features: 1 stall garage, Attached, 1 space, Opener inc
Parking Total: 7

Lot Size Acres: 0.4
Lot Size Square Feet: 17424

Elementary School: Poynette
High School: Poynette
Middle School: Poynette
School District: Poynette

Poynette High School is a public high school located approximately 0.5 miles away.
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Poynette Middle School is a public elementary and middle school located approximately 0.5 miles away.
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Stepping Stone Learning Center is a private elementary, middle and high school located approximately 0.9 miles away.
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Number of Units In Community: 4
Number of Units: 4
Number of 2 Bedroom Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Unit-1 Description: Eat-in kitchen, Air conditioning, Range/oven, Refrigerator, Washer/dryer, Individual heat control, In-unit laundry, Private basement
Unit-2 Description: Eat-in kitchen, Air conditioning, Range/oven, Refrigerator, Individual heat control, In-unit laundry, Private basement
Unit-3 Description: Eat-in kitchen, Air conditioning, Range/oven, Refrigerator, Washer/dryer, Individual heat control, In-unit laundry, Private basement
Unit-4 Description: Eat-in kitchen, Air conditioning, Range/oven, Refrigerator, Washer/dryer, Individual heat control, In-unit laundry, Private basement
Unit-1 Square Feet: 905
Unit-2 Square Feet: 805
Unit-3 Square Feet: 805
Unit-4 Square Feet: 805
Unit 1 Total Actual Rent: 850
Unit 2 Total Actual Rent: 775
Unit 3 Total Actual Rent: 800
Unit 4 Total Actual Rent: 795
Unit-1 Bedroom-1 Dimensions: 11 x 13
Unit-1 Bedroom-2 Dimensions: 9 x 11
Unit-2 Bedroom-1 Dimensions: 11 x 12
Unit-2 Bedroom-2 Dimensions: 9 x 11

Gross Income: 38520

Internet - Cable
Annual Tax Amount: 7714
Source Listing Status: Sold
County: Columbia
Directions: Poynette: Main Street West on Cross St
Tax Year: 2023
Source Property Type: Multi Family
Exclusions: Sellers personal property
Inclusions: 4 Stoves, 4 Refrigerators, 3 Washers, 3 Dryers, Some window coverings, Storage Shed
Area: POYNETTE - V
Source Neighborhood: POYNETTE - V
Parcel Number: 11172 328
Postal City: Poynette
Zoning: R-MF
Property Subtype: Duplex-side by side, 1 story
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$281,800 + $34,500
$316,300
$7,504
2021$281,800 + $34,500
$316,300
$7,403
2020$281,800 + $34,500
$316,300
$7,388
2019$281,800 + $34,500
$316,300
$7,093
2018$244,700 + $34,500
$279,200
$6,528
2017$244,700 + $34,500
$279,200
$6,376
2016$244,700 + $34,500
$279,200
$6,173
2015$244,700 + $34,500
$279,200
$6,287
2014$244,700 + $34,500
$279,200
$6,299
2013$244,700 + $34,500
$279,200
$6,616
2012$244,700 + $34,500
$279,200
$6,484
2011$244,700 + $34,500
$279,200
$6,726
2010$244,700 + $34,500
$279,200
$6,283
2009$244,700 + $34,500
$279,200
$6,399
2008$244,700 + $34,500
$279,200
$5,988
2007$244,700 + $34,500
$279,200
$5,912

Sold 2024-07-29
$475,000
SCWMLS
Listed 2024-06-27
$475,000
SCWMLS

Net Operating Income: 28465
Operating Expense: 10055

Year Built: 1974
Property Age: 50
Levels or Stories: Duplex-side by side, 1 story

Open floor plan
First floor bedroom
First floor full bath
Level drive
Level lot

Sewer: Municipal sewer
Separate elec meters
Separate water meters
Water Source: Municipal water

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.