1423 - 1425 21st Street

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1423 - 1425 21st Street

Monroe, WI 53566
Asking Price
$538K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building located in Monroe Wisconsin
  • Asset consists of two separate rental units
  • Property is currently listed at 538000 dollars
  • Located within the 53566 zip code area
  • Established residential site at 1423 1425 21st Street

What's Special

Monroe serves as a central hub within Green County, offering a stable economic environment and consistent demand for local housing. Situated at 1423 - 1425 21st Street, this multifamily asset provides a clear addition to a residential investment portfolio. The property functions as an apartment building, structured to accommodate two distinct units. Investors often seek this type of small-scale residential asset to capture steady rental income in a community-focused Wisconsin market. Its location allows for convenient access to regional thoroughfares and local commercial amenities, supporting long-term tenant retention. The two-unit configuration is particularly suited for those managing self-contained residential rentals or seeking a manageable entry point into the Monroe housing sector. This asset balances localized demand with the practical requirements of residential property management, making it a functional component for a diversified real estate holding.

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NOI
$80,000
Cap Rate
14.87%
DSCR
2.50
Strong
Cash-on-Cash
29.78%
Monthly Payment
$2,661.73
Annual Cash Flow
$48,059.235

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