1119 DEWEY Avenue

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1119 DEWEY Avenue

Beloit, WI 53511
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The multifamily asset is located at 1119 Dewey Avenue in Beloit.
  • This apartment building consists of two distinct residential units.
  • The property is currently listed for sale in the Wisconsin market.
  • Beloit offers strategic access to major regional transportation and manufacturing hubs.
  • The site sits at coordinates 42.5099 and -89.0234 within the city.

What's Special

This multifamily apartment building situated at 1119 Dewey Avenue in Beloit, Wisconsin, comprises two units. Positioned within a residential submarket of Beloit, the property provides steady housing options in a region known for its industrial roots and proximity to the Illinois border. The local economy benefits from a diverse base of manufacturers and regional employers, making Beloit an accessible node for residents commuting throughout the southern Wisconsin and northern Illinois corridors. Investors looking to acquire residential real estate will find this asset suitable for long-term rental income or potential repositioning within a stable market environment. The layout supports efficient property management and typical residential use cases, serving as a practical addition to a broader real estate portfolio focused on the Midwest housing market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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