840 E Beacon AVENUE, New London, WI 54961
840 E Beacon AVENUE, New London, WI 54961
840 E Beacon AVENUE, New London, WI 54961
840 E Beacon AVENUE, New London, WI 54961
840 E Beacon AVENUE, New London, WI 54961
840 E Beacon AVENUE, New London, WI 54961
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Kimberly Roering

Kimberly Roering

+1(414) 759-6356
Listed by Marcus & Millichap-Milwaukee
$ 1,650,000
Est. payment | /mo

4 Beds

2.5 Baths

0.87 Acres Lot

Save
$ 1,650,000
Est. payment | /mo
Save

4 Beds

2.5 Baths

0.87 Acres Lot

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Municipality NEW LONDON

MLS Listing ID 1977639

Bedrooms 4

Full Baths 2

Half Baths 1

Year Built 2000

Annual Tax Amount $8,908

Tax Year 2025

Lot Size 0.870 Acres

Property Description

Rare opportunity to acquire Beacon Avenue Apartments, a well-maintained 10-unit multifamily property in New London, Wisconsin, offering an attractive 6.27 going-in cap rate with meaningful income upside. Built in 2000, the property features durable brick construction, a desirable all-two-bedroom unit mix, and garage parking for every unit, including two spacious townhome-style residences with attached garages. The property has been professionally managed and maintained, providing investors with a clean, stable asset and limited near-term operational heavy lifting.

Location

State WI

County Waupaca

Zoning R-2

Rooms

Basement None / Slab

Interior

Cooling Hot Water/Steam

Equipment Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater

Appliance Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater

Exterior

Parking Features Indoor Space

Building

Dwelling Type Apartment Building

Story 1 - 2

Sewer Municipal Sewer, Municipal Water

Structure Type Brick/Stone,Brick

New Construction N

Schools

Middle Schools New London

School District New London

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Kimberly Roering

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(414) 759-6356

kimberly@novarealestategroup.net

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840 E Beacon AVENUE