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119 E Racine St,  Jefferson,  WI  53549 $319,000 Expired
119 E Racine St,  Jefferson,  WI  53549
$319,000
Expired
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 Property Type Business/Commercial
 Parcel # 241-0614-0243-106
 County Jefferson
 Sub Area K09
 Municipality Jefferson
 MLS# 1844602
 Listing Date 10/29/2018

MLS Public Remarks  INVESTOR ALERT! Great Income property with 5 rental units. 119 - Beauty Parlor with a Month to Month lease. 121 - A Law Firm with a lease thru May 2020. 119 1/2 is a 1 bedroom, 1 bath apartment with a lease thru Feb. 2019. 121A is a 1 bedroom, 1 bath apartment. 121B is a studio apartment with a lease thru June 2019. Apartments include Stoves and Refrigerators and offers a coin-op laundry. New roof in July 2017. Great location in the central business district with great visibility.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Jefferson
  • C/T/V  City
  • Unit #  
  • Directions  Business 26 To Hwy 18 (racine St), East On Racine St To Property On Left.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  5
  • Building Gross SqFt  3,556
  • Net Leasable SqFt  3,556
  • Year Built  1890
  • Source for Year Built  PubR
  • Approx Bldg Dimen  50x35
  • Street Frontage  35
  • Parking Fees/Mo.  $0
  • Onsite Parking  15
  • # of Stories  2
  • Ceiling Height Min  0
  • Ceiling Height Max  0
  • Number of Loading Docks  0
  • Zoning  Commercial
  • Est. Total Acres  0.13
  • Source Of Est Acres  
  • Lot Dimensions  35x164
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $17,000
  • Assessment Year  0
  • Net Taxes  $2,115
  • Tax Year  2017
  • Improvements  $72,200
  • Total Assessment  $0
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,018
  • Gross Operating Income  $33,840
  • Annual Operating Exp  $0
  • Net Operating Income  $0
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Mo. to Mo. Mo. to Mo. Yes $0 $0 $0 0
    2 2 yr Lease May 2020 Yes $0 $0 $0 0
    3 2 yr Lease Feb. 2019 Yes $0 $0 $0 0
    Items Included 3 Refrigerators, 3 Stoves, Coin-Operated Laundry
    Items Excluded  Tenants' Personal Property, Business Fixtures
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Wall AC
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Apartment building, Beauty/barber, Office, Retail, Service
  • Exterior Treatment  
  • Building Parking  6-10 spaces, Onsite, Paved
  • Roofing  Composition, Rubber/membrane
  • Terms/Option  Other
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Property Condition Report
  • Location  Business district
  • Tenant Pays  Electric, Heat
  • Present Use  Beauty/barber shop, Living quarters, Office
  • Licenses  Special use
  • Lease Type  Month to month, Multiple years
  • Occupied by  
  • Sale Includes  Lease(s)
  • Features  Private office(s), Residential unit(s)



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Re/Max Community Realty