$328,000
$340,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
4,760 SqFt
SOLD DATE : 10/29/2021
Key Details
Sold Price $328,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,760 sqft
Price per Sqft $68
MLS Listing ID 1557419
Sold Date 10/29/21
Year Built 1970
Annual Tax Amount $5,434
Tax Year 2020
Lot Size 0.430 Acres
Acres 0.43
Property Description
The building was constructed in 1970 and features 4,760 SF. There have been many upgrades including replacement of the roof and windows in four of the units 8 years ago. The building is located in a nice residential neighborhood perfect for attracting long term tenants. There are 3 two bedroom units, 3 one bedroom units and a three bedroom, 1.5 bath unit that includes a 2 car attached garage. Gross revenue exceeds $51,000 per year and after all expenses the investment shows over a 9.00 CAP Rate.
Location
State WI
County Barron
Zoning Commercial
Rooms
Basement Full, Block
Interior
Interior Features Circuit Breakers
Heating Natural Gas
Cooling Central Air, Forced Air
Equipment Seller Leased: Dryer, Seller Leased: Washer, Range/Oven, Refrigerator
Exterior
Exterior Feature Wood
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District Rice Lake
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Bought with Feather Real Estate Group
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