MLS Public Remarks Pick your investment! This large, nearly 6 acre multi-unit property has many income producing opportunities including a 4 bedroom home, bar, 8 unit motel and multiple large outbuildings. The Star Route Bar is waiting to reopen and the 8 unit motel with attached common area could generate impressive cash flow with either long or short term rentals. Manage all these investments while living in the 4 bedroom 2 bath home located behind the commercial spaces. If this isn't already impressive, there's concrete slabs that would be ideal for campsite/RV sites or permanent mobile locations that have both electric and sewer hookups in place. Visitors could take advantage of local activities or the ATV/snowmobile route that's located on the property. Bring your ideas and cash in on a rare investment
Location Town
Other Marketing Area
Mailing City Necedah
C/T/V Town
Unit #
Directions State Rd 21 West From Necedah. Property Is On Left
Number of Units 8
Year Built 999
# Furnaces 3
Heating Type ForcAir
Heating Fuel Propane
# Water Heaters 3
# Water Softeners 0
# Stoves 2
# Refrigerators 2
# Dish Washers 0
# Washers 0
# Dryers 0
# Units w/AC 9
Number of Efficiencies 8
Number of 1 Bedrooms 0
Number of 2 Bedrooms 0
Number of 3+ Bedrooms 1
Total Income 0
Total Expenses 0
Net Operating Inc 0
Year
School District Necedah
High School Necedah
Middle Necedah
Elementary Necedah
Land Assessment $28,600
Improvements $146,200
Total Assessment $174,800
Net Taxes $3,030
Assessment Year 2020
Tax Year 2020
Owner
Zoning Res, Com
Subdivision
Name of Lake/River
Est. Total Acres 5.9
Source for Est. Total Acres PubR
Unit 1 Air conditioning, Dining room, Family/Rec. room, In-unit laundry, Individual heat control, Refrigerator
Unit 2
Unit 3
Unit 4
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Landlord Pays |
Unit |
Bedrooms |
Full Baths |
Half Baths |
Lease Expiration Date |
Month Rent |
Fin Sq.Ft |
Parking |
Elec |
Heat |
W/S |
1 |
4 |
2 |
0 |
NA |
$0 |
1,760 |
1 Space |
Yes |
Yes |
No |
2 |
0 |
1 |
0 |
NA |
$0 |
225 |
None |
Yes |
Yes |
Yes |
3 |
0 |
1 |
0 |
NA |
$0 |
225 |
1 Space |
Yes |
Yes |
No |
4 |
0 |
1 |
0 |
NA |
$0 |
225 |
1 Space |
Yes |
Yes |
No |
Items Included Any remaining items in bar and motel
Items Excluded Sellers personal items in home and outbuildings
Energy Efficient/Green Features
Water/Waste Non-Municipal/Prvt dispos, Well
Basement None
Type 1 story, Other
Parking per Unit Outside
Barrier-free Features
Exterior Brick, Vinyl, Wood
Waterfront
Terms
Utilities
Legal Documents Condition report on file
Miscellaneous Shared laundry
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Vip Realty