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0 S Division St,  Stoughton,  WI  53589 $1,385,000 Expired
0 S Division St,  Stoughton,  WI  53589
$1,385,000
Expired
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 Property Type Multi Family
 Parcel # Multiple
 County Dane
 Sub Area D44
 Municipality Stoughton
 MLS# 1909141
 Listing Date 05/10/2021

MLS Public Remarks  Cornerstone Condominium is a high quality 15 unit mixed use property in Stoughton. 2 of the units have been sold. The remaining 13, 10 residential and 3 commercial, are available as a package. Cornerstone is located at the hub of downtown, just steps from the Main Street Arts and Entertainment District, as well as Division Street Park along Yahara River, municipal parking lot, coffee shops, food/beverage, Public Library and acclaimed Stoughton Opera House. Still developer owned, Cornerstone is a solid, respected, well-maintained property with stable tenant base. The commercial space is professional and the residential units are above typical apartment quality. NOI reflects $19,486 in condominium fees paid in 2020. Potential to increase NOI.
Documents and Related Links  
1) A. Declaration of Condominium
2) B. Executive Summary
3) C. Plat Map
4) D. RECR
5) E. Condominium Addendum to RECR
6) F. Tenant Data
7) G. Financial Data
8) B. Articles of Incorporation
9) I. Broker Policy Letter
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Stoughton
  • C/T/V  City
  • Unit #  
  • Directions  North Off Main Street On Division Street. One Block To Corner Of South Division Street And East Washington Street.
    • BUILDING INFO  
  • Number of Units  13
  • Year Built  2004
  • # Furnaces  13
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  13
  • # Water Softeners  0
  • # Stoves  10
  • # Refrigerators  10
  • # Dish Washers  10
  • # Washers  3
  • # Dryers  3
  • # Units w/AC  13
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  1
  • Number of 1 Bedrooms  6
  • Number of 2 Bedrooms  3
  • Number of 3+ Bedrooms  0
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  2021
    • ASSESSMENT/SCHOOLS   
  • School District  Stoughton
  • High School  Stoughton
  • Middle  Call School District
  • Elementary  Call School District
  • Land Assessment  $0
  • Improvements  $0
  • Total Assessment  $0
  • Net Taxes  $0
  • Assessment Year  2021
  • Tax Year  2021
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  PD
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.0
  • Source for Est. Total Acres  Othr
    • UNIT INFORMATION  
  • Unit 1  
  • Unit 2  
  • Unit 3  
  • Unit 4  
    • Landlord Pays
    Unit Bedrooms Full Baths Half Baths Lease Expiration Date Month Rent Fin Sq.Ft Parking Elec Heat W/S
    1 0 0 0 0 $0 0 None No No No
    2 0 0 0 0 $0 0 None No No No
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Partial, Poured Concrete Foundation
    • EXTERIOR FEATURES  
  • Type   2 story, Apartment building, Other
  • Parking per Unit  1 space, Outside
  • Barrier-free Features  
  • Exterior  Brick, Other
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  Condition report on file, Income/Exp Report Avail, Lease(s) on file
  • Miscellaneous  Shared laundry



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Coldwell Banker Real Estate Gr