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$ 1,250,000
Est. payment | /mo
$ 1,250,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 22603584
Year Built 2001
Property Description
Excellent investment opportunity in Stevens Point! This well-maintained five-unit, townhouse-style complex is zoned R-4 and currently operated as a successful college student rental property. The units consistently rent approximately one year in advance and are currently leased through summer 2027. Each unit includes Fridge, stove and dishwasher. Every unit also has its own owner-owned, coin-operated washer and dryer, along with an individual air makeup exchanger. Tenants are responsible for water, sewer, and electricity, while the owner pays for heat, garbage, and recycling. The property also offers a private off-street parking lot and a roof replaced approximately 10 years ago. With strong rental demand, established income, and leases already secured through summer 2027, this is a rare opportunity to add a proven multi-unit property to your investment portfolio. Seller financing is not available. Seller is a Wisconsin-licensed real estate agent.
Location
State WI
County Portage
Rooms
Basement None / Slab
Interior
Interior Features Smoke Detector(s), Utility Room
Heating Natural Gas
Equipment Refrigerator, Range/Oven, Dishwasher, Washer, Dryer
Exterior
Exterior Feature Brick/Stone, Vinyl
Parking Features None
Utilities Available Separate Electric Meters, Separate Heat, Separate Gas Meters
Roof Type Shingle
Building
Dwelling Type Complex,2 Story
Sewer Municipal Water, Municipal Sewer, Separate Meter
New Construction N
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Listed by FIRST WEBER