Edgar, WI 54426,707 N 2ND AVENUE
Edgar, WI 54426,707 N 2ND AVENUE
Edgar, WI 54426,707 N 2ND AVENUE
Edgar, WI 54426,707 N 2ND AVENUE
Edgar, WI 54426,707 N 2ND AVENUE
Edgar, WI 54426,707 N 2ND AVENUE
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$950,000

$1,100,000

13.6%
Est.Price: ?

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Est. payment /mo

13,274 SqFt


SOLD DATE : 02/29/2024

Key Details

Sold Price $950,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 13,274 sqft

Price per Sqft $71

MLS Listing ID 22233851

Sold Date 02/29/24

Year Built 1979

Annual Tax Amount $7,021

Tax Year 2022

Lot Size 0.930 Acres

Acres 0.93

Property Sub-Type Other

Property Description

Heidi Apartments is a sixteen unit low income elderly housing (Section 8) complex that has been owned and operated locally for the last 40+ years. The building was built in partnership with Farmers Home Administration (FHA) who supplied the financing, and the U.S. Department of Housing and Urban Development (HUD) in conjunction with the Wisconsin Housing and Economic Development Authority (WHEDA) which provides regulatory oversight. It has been in continuous operation since January 1980 when the first tenants moved in, and over that time there have been over 100 tenants that have resided in Heidi Apartments. Heidi Apartments is a two story building with 6, one bedroom apartments and 2, two bedroom apartments on each floor. Each apartment has a single bathroom (bathtub/shower, toilet and sink), living room (with window air conditioner) and kitchen, (refrigerator, electric stove/oven, kitchen sink and cabinets). All rooms are carpeted except for the kitchen and bathroom which have linoleum flooring.,In addition, each floor has a common laundry with a coin-operated washer & dryer, utility sink, and meeting space for residents to gather. The building is situated with an entrance, parking lot and mailboxes on both ends. No resident need navigate stairs to access their apartment. Each unit has a designated parking space in an open (uncovered) lot. The grounds sport a spacious lawn equipped with an in-ground sprinkler system. The building is located approximately ten blocks from gas, groceries and banking and a twenty minute drive from Wausau, Wisconsin.

Location

State WI

County Marathon

Zoning Commercial

Interior

Heating Natural Gas

Cooling Forced Air, Wall A/C

Exterior

Roof Type Shingle

Building

Sewer Municipal Sewer, Municipal Water

New Construction N

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Listed by eXp Realty, LLC
Bought with ASSIST-2-SELL SUPERIOR SERVICE REALTY
Daniel Bertelson

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(608) 218-4460

info@commercialwisconsin.com

5320 Monona Drive, Monona, WI, 53716, United States

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