Outstanding Portage investment opportunity. 7.50 CAP Rate! Offering 10 townhouse units with garages, brick exterior, nestled on 2 private wooded acres. Comprised of 2 Buildings-9 identical townhouse units with 873 sq. ft, main level Living Room, Dining Area/Slider to patio, Kitchen with appliances and laundry hook up, upper level with 2 Bedrooms and Baths. 10th unit has 360 sq. ft. addition of Family Room with fireplace and 2nd main floor Bath plus upper 2 Bedrooms and Bath for total of 1233 sq. ft. Each unit has 1 car detached garage plus parking. Buildings have efficient geothermal units for economical heating and cooling. Parcel consists of ten back lots of Austin grove subdivision on Austin lake. Lot size: 512 x 292. Approval from city to build Du-plex on property.
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