MLS Public Remarks Investment opportunity awaits on this 6 unit building in great location. Property is in need of TLC and renovations but the structure and bones are solid. Building has newer roof and $40,000 worth of solar panels installed along with brand new porch and railings. Newer water heating system installed that heats off solar panels. Solar pays for the water and heat. 2 car detached garage has an easement between neighboring house to gain access to. Full unfinished basement where utilities are. All units metered separately for electric. Currently only 3 of the units are rented with long term tenants in place and the other 3 await your renovations and new tenants. Come see this property potential and put your special touch on what can be a beautiful building.
Location City
Other Marketing Area
Mailing City Reedsburg
C/T/V City
Unit #
Directions Take Hwy 23 W To Downtown Reedsburg And Take Left On S Locust St. Property Is Huge White House On The Left.
Number of Units 6
Year Built 999
# Furnaces 2
Heating Type ForcAir
Heating Fuel Nat Gas
# Water Heaters 2
# Water Softeners 1
# Stoves 4
# Refrigerators 4
# Dish Washers 0
# Washers 0
# Dryers 0
# Units w/AC 4
Number of Efficiencies 1
Number of 1 Bedrooms 3
Number of 2 Bedrooms 2
Number of 3+ Bedrooms 0
Total Income 0
Total Expenses 8445
Net Operating Inc 13155
Year 13155
School District Reedsburg
High School Reedsburg Area
Middle Call School District
Elementary Call School District
Land Assessment $11,800
Improvements $171,400
Total Assessment $183,200
Net Taxes $3,798
Assessment Year 2020
Tax Year 2020
Owner
Zoning Commercial
Subdivision
Name of Lake/River
Est. Total Acres 0.14
Source for Est. Total Acres Plat
Unit 1
Unit 2 Family/Rec. room, Range/oven, Refrigerator
Unit 3 Air conditioning, Eat-in kitchen, Family/Rec. room, Range/oven, Refrigerator
Unit 4 Balcony/patio, Dining room, Eat-in kitchen, Family/Rec. room, Refrigerator
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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 |
1 |
1 |
0 |
N/A |
$0 |
700 |
Street |
Yes |
Yes |
Yes |
2 |
1 |
1 |
0 |
M2M |
$410 |
700 |
Street |
No |
Yes |
Yes |
3 |
2 |
1 |
0 |
M2M |
$500 |
700 |
Street |
No |
Yes |
Yes |
4 |
2 |
1 |
0 |
N/A |
$0 |
1,000 |
Street |
Yes |
Yes |
Yes |
Items Included N/A
Items Excluded Personal property of seller/tenants
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full, Other Foundation, Partially finished, Walkout
Type 2 story, Apartment building
Parking per Unit 2 Car garage, Detached, Outside
Barrier-free Features
Exterior Vinyl
Waterfront
Terms
Utilities Sep elec meters each unit
Legal Documents Condition report on file
Miscellaneous
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Badger Realty Team