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1820 Briquelet St - Packer House

2 Unit Apartment Building Offered at $1,176,358 CAD in Green Bay, WI 54304

Investment Highlights

  • Next to Lambeau Field
  • View of Packer Stadium
  • Game Day Parking Income

Executive Summary

Walk into the stadium on your time or Lombardi time- as you gaze at the clock and front entrance to one of the NFL’s most iconic fields- Legendary Lambeau Field. If you’re looking to have a premier opportunity for games, the NFL Draft, or a cash producing investment this Duplex, with a clear line of sight to the stadium, is it! Capable of parking 40 cars and potential for rental opportunities, this 2 unit has the capability and upward potential. Looking to entertain two separate guests at the same game day suite? No worries host them each individually on their own side for an exciting and unduplicated Green Bay game day experience and network at the next level. Property has been well cared for and is currently rented. A conditional use permit would need to be obtained for VRBO or Airbnb as it currently doesn't exist for this property. See listing agent of eligibility details.

Financial Summary (Pro forma - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $39,122 $17.69
Other Income $15,592 $7.05
Vacancy Loss - -
Effective Gross Income $54,714 $24.74
Taxes $9,058 $4.09
Operating Expenses $7,165 $3.24
Total Expenses $16,223 $7.33
Net Operating Income $38,491 $17.40

Financial Summary (Pro forma - 2024)

Gross Rental Income (CAD)
Annual $39,122
Annual Per SF $17.69
Other Income (CAD)
Annual $15,592
Annual Per SF $7.05
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $54,714
Annual Per SF $24.74
Taxes (CAD)
Annual $9,058
Annual Per SF $4.09
Operating Expenses (CAD)
Annual $7,165
Annual Per SF $3.24
Total Expenses (CAD)
Annual $16,223
Annual Per SF $7.33
Net Operating Income (CAD)
Annual $38,491
Annual Per SF $17.40

Property Facts

Price $1,176,358 CAD
Price Per Unit $588,179 CAD
Sale Type Investment
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Building Class C
Lot Size 0.31 AC
Building Size 2,212 SF
No. Stories 1
Year Built 1992
Parking Ratio 1.81/1,000 SF

Unit Amenities

  • Air Conditioning

Site Amenities

  • Wheelchair Accessible

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
5+4 2 $1,666 CAD 2,212

zoning

Zoning Code Residential (Low Density Resident- Multi Family Residential)
Residential (Low Density Resident- Multi Family Residential)
  • Listing ID: 32124570

  • Date on Market: 2024-06-13

  • Last Updated:

  • Address: 1820 Briquelet St, Green Bay, WI 54304

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