835 Lancaster Street, Platteville, WI 53818

Platteville
Local realty services provided by:Better Homes and Gardens Real Estate Special Properties
Listed by: paige leconte
Office: re/max advantage realty
MLS#:2017827
Source:Metro MLS
835 Lancaster Street,Platteville, WI 53818
$179,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$179,900

About this home

High-yield triplex generating $23,400 in gross annual rents with approximately a 10% cap rate at the current list price. Tenants pay all utilities, keeping owner expenses low. Annual expenses include property taxes, insurance, and maintenance reserve, resulting in an estimated NOI of $18,000+. SEE ASSOCIATED DOCS FOR INVESTMENT ANALYSIS. Three 1-bedroom units with off-street parking. Appliances included. One unit has forced air heat; two have radiant heat. Simple, efficient, income-producing asset with strong day-one returns. Brand new roof, siding, gutters & downspouts.

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Home facts

  • Year built:1900
  • Listing ID #:2017827
  • Added:1 day(s) ago
  • Updated:March 06, 2026 at 04:14 PM

Rooms and interior

  • Basement Description:Partial

Heating and cooling

  • Cooling:Forced Air
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1900
  • Lot area:0.39 Acres
  • Construction Materials:Vinyl
  • Foundation Description:Block
  • Levels:2 Story

Schools

  • High school:Platteville
  • Middle school:Platteville
  • Elementary school:Call School District

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$179,900
  • Tax amount:$2,046 (2025)

Features and amenities

  • Amenities:High Speed Internet, High Speed Internet Available, Separate Electric Meters, Separate Gas Meters
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