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804 25th Street,  Brodhead,  WI  53520 $1,200,000 Active
804 25th Street,  Brodhead,  WI  53520
$1,200,000
Active
 Property Type Multi Family
 Parcel # 206-2325.1000
 County Green
 Sub Area H05
 Municipality Brodhead
 MLS# 1971626
 Listing Date 02/21/2024

MLS Public Remarks  Lucrative investment opportunity: 7 One-Bedroom residential units + large commercial space currently utilized as a thriving salon. Each unit features a spacious kitchen, cozy gas fireplace, central air, in-unit laundry, and off-street parking. Located in a great location with easy access to amenities and highway, this property presents a unique chance to diversify your investment portfolio. With stable rental demand for residential units and endless possibilities with the commercial space, seize the opportunity to maximize returns and secure long-term growth. Solon business and assets are included with the sale.
Documents and Related Links  
1) RECR
2) Rent Roll
3) Income & Expenses
4) Salon Features
5) Salon Items Per Seller
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Brodhead
  • C/T/V  City
  • Unit #  
  • Directions  First Ceter Ave. East On 25th St.
    • BUILDING INFO  
  • Number of Units  8
  • Year Built  1996
  • # Furnaces  8
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  8
  • # Water Softeners  1
  • # Stoves  7
  • # Refrigerators  8
  • # Dish Washers  7
  • # Washers  8
  • # Dryers  8
  • # Units w/AC  8
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  7
  • Number of 2 Bedrooms  0
  • Number of 3+ Bedrooms  0
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  24246
  • Net Operating Inc  77454
  • Year  2023
    • ASSESSMENT/SCHOOLS   
  • School District  Brodhead
  • High School  Brodhead
  • Middle  Brodhead
  • Elementary  Ronald R Albrecht
  • Land Assessment  $64,600
  • Improvements  $469,700
  • Total Assessment  $534,300
  • Net Taxes  $10,042
  • Assessment Year  2023
  • Tax Year  2023
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  Mixed Use
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.65
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Fireplace, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Washer/dryer
  • Unit 2  Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Fireplace, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Washer/dryer
  • Unit 3  Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Fireplace, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Washer/dryer
  • Unit 4  Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Fireplace, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Washer/dryer
    • Landlord Pays
    Unit Bedrooms Full Baths Half Baths Lease Expiration Date Month Rent Fin Sq.Ft Parking Elec Heat W/S
    1 1 1 0 0 $750 620 2 Space No No Yes
    2 1 1 0 0 $750 620 2 Space No No Yes
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included all salon business items and inventory, 8 refrigerators, 7 dishwashers, 7 ovens, 8 washers, 8 dryers, 1 water softener
    Items Excluded  Tenant's and Seller's personal property
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  None
    • EXTERIOR FEATURES  
  • Type   2 story
  • Parking per Unit  2 spaces, Outside
  • Barrier-free Features  
  • Exterior  Brick, Vinyl
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  Lease(s) on file
  • Miscellaneous  Water Softener Owned



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Exit Professional Real Estate