223 Franklin AveNeenah, WI 54956

This exceptional investment opportunity presents a stabilized multifamily property in Neenah, Wisconsin. Comprising two buildings on a 0.17-acre lot, this Class C property boasts a total of 2,614 square feet and features two units, each situated within a two-story structure built in 1900. The property's strong financial performance is highlighted by a substantial net operating income (NOI) of $26,000, translating to an attractive 10.40% capitalization rate. The asking price is $249,900. Located at 223 E Franklin Ave, Neenah, WI 54956, this property benefits from a prime location near downtown, schools, and parks. Both units have undergone recent updates, ensuring immediate rental income potential. This presents a rare chance to acquire a well-maintained, high-yield investment property in a desirable Wisconsin location. The property is zoned for multifamily use and offers a unique opportunity for owner-occupancy or expansion of an existing rental portfolio. The property's strong cash flow and convenient location make it an ideal addition to any investor's portfolio. This is a turnkey investment ready for immediate income generation.