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Listed with Best Realty of Edgerton
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Unique investment opportunity to own your own water system. 49 accounts pay $123 every three months. Cap rate of over 13% based on current list price & 2024 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 being acquired and developed (would need a new well drilled, but pump house equipment is potentially set up for future additional homes. Buyer to verify if important). Brand new siding installed in 2023.
| LAST UPDATED | 5/12/2025 | YEAR BUILT | 0 |
|---|---|---|---|
| COUNTY | Rock | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| CONSTRUCTION | Wood Siding |
|---|---|
| HEAT | None |
| LOT | 3920 sq ft |
| STORIES | 1 |
| TAXES | 197 |
| WATER | Well, Private |
| ZONING | Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with Best Realty of Edgerton
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