5682-5686 Norfolk Dr 8 Unité Immeuble d’appartements 1 946 812 $ CAD (243 352 $ CAD/Unité) 5,30% Taux de capitalisation Fitchburg, WI 53719

This eight-unit multifamily property offers a strong investment opportunity in Fitchburg, WI, a growing community just minutes from downtown Madison. The asset consists of two well-maintained four-unit buildings situated on a 3.08-acre lot, providing ample space and privacy for residents. Each building features a mix of two-bedroom, two-bath units, with select units including loft areas for added living space. All units are equipped with in-unit laundry, and several units offer attached garages, enhancing tenant appeal and retention.
The property benefits from municipal water and sewer services and is located within the Verona School District, a desirable feature for families. With a current Net Operating Income of approximately $74,151 and a market cap rate of 5.3%, this property presents stable cash flow and long-term upside potential. Fitchburg’s proximity to major employment centers, retail amenities, and transportation corridors makes this an attractive location for renters, ensuring consistent occupancy and income growth.