706 Faryl Ave

Delavan, WI
$ 675,000 Beds 3 Baths 2 Sq 1,508
Monthly Estimate* How much can I afford?

2 16 unit apartment buildings in the city of Delavan. Tenants pay electric heat. Large 2.8 acred lot. Good investment property. Sixteen 1 bedroom units & sixteen 2 bedroom units. Room for garages. The 4 washers & 4 dryers are leased. Property is in USDA Rural Development Low Income Housing Program. Property is required to stay in this program until 5/7/2036. This program allows renting only to low income tenants. Rents are controlled, Profit is limited to $3,925/yr, must be professionally managed. Purchase: NO NEW LOAN can be taken upon this property. Buyer assumes the present mortgage (approx $100k bal.) and brings CASH to Closing equal to difference between PURCHASE PRICE and MTG BALANCE; eg, $575k. See Documents for details.

Multi-Family

  • Price
  • $ 675,000
  • Lot Size
  • 2.84 Acres
  • Bedrooms
  • 3
  • Sqr Footage
  • 1,508
  • Full Bathrooms
  • 2
  • Year Built
  • 1986
  • Half Bathrooms
  • 0
  • City, Zip
  • Delavan
  • Taxes
  • $ 10598
  • County
  • WALWORTH
  • Style
  • Area
  • DELAVAN - C
  • MLS#
  • 1923443
  • Zip
  • 53115
Listing Provided by: Century 21 Affiliated Pfister
Data Source: South Central Wisconsin MLS (SCWMLS) - 258 - WI

Features

General

Basement None, Poured concrete foundatn
Class Multi Family
County Walworth
County Qtr Section Walworth SW
Directions From Hwy 11 in Delavan, go south on Wright St to Phoenix St, go right to Faryl Ave, go let on Faryl Ave.
Heating Electric
Open House Date No
School District Delavan-Darien
Street Name Faryl Ave
Subdivision Lot 1 CSM 1439
Tax Year 2020
Utilities Separate elec meters
Year Built 1986
Zoning RM-12

Interior Features

Heating Type Radiant
Total Number of Units 32

Exterior Features

Latitude 42.6234337409829
Longitude -88.6286762612381
Photo Count 47
Exterior Brick, Wood

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Madison, WI office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Call School District Elementary School
Middle School Call School District Middle School
High School Delavan-Darien High School

Price History

11/8/2021 Listed $675,000

Property vs Zip Code Average in 53115

Price
AVG $680K
$680K
Taxes
AVG $10,598
$10,598
Visits
AVG 3
2
Year Built
AVG 1962
1986

Map

706 Faryl Ave Delavan, WI is a Single Family Home for sale at $675000 with 1508 sqft and a lot size of 2.84 Acres Acre(s). 706 Faryl Ave Delavan has 3 bedrooms, 2 baths and was built in 1986. The property's zip code is 53115 which is in Delavan, WI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.