Presented by...
Paula Dollard
Mobile: (608) 469-3374
[email protected]

5850 Main Street,  Gratiot,  WI  53541 $175,000 Expired
5850 Main Street,  Gratiot,  WI  53541
$175,000
Expired
More Photos
 Property Type Multi Family
 Parcel # 131-0054-1000
 County Lafayette
 Sub Area M15
 Municipality Gratiot
 MLS# 1941852
 Listing Date 08/17/2022

MLS Public Remarks  ALL BUYERS must be HUD Approved prior to writing an offer. ATTENTION ALL INVESTORS!!! Rare opportunity to own a 4 unit established rental property in the HEART of Gratiot! Coin operated washer and dryer located in the basement for the tenants use. All units are 2 bedrooms and 1 bath. Plenty of parking in front. Here's a great one to add to your investment portfolio.
Documents and Related Links  
1) Income Property Investment Analysis
2) Real Estate Condition Report / Addendum S
3) Section 8 Docs.
LOCATION  
  • Location  Village
  • Other Marketing Area  
  • Mailing City  Gratiot
  • C/T/V  Village
  • Unit #  
  • Directions  From Monroe, Hwy 11 To Gratiot L Onto Main Street. Property On Left
    • BUILDING INFO  
  • Number of Units  4
  • Year Built  1838
  • # Furnaces  0
  • Heating Type  Rad Elec
  • Heating Fuel  Elec
  • # Water Heaters  1
  • # Water Softeners  1
  • # Stoves  4
  • # Refrigerators  4
  • # Dish Washers  0
  • # Washers  2
  • # Dryers  1
  • # Units w/AC  0
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  4
  • Number of 3+ Bedrooms  0
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  0
    • ASSESSMENT/SCHOOLS   
  • School District  Black Hawk
  • High School  Black Hawk
  • Middle  Black Hawk
  • Elementary  Black Hawk
  • Land Assessment  $12,000
  • Improvements  $86,000
  • Total Assessment  $98,000
  • Net Taxes  $2,703
  • Assessment Year  2021
  • Tax Year  2021
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  Com
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.2
  • Source for Est. Total Acres  Slr
    • UNIT INFORMATION  
  • Unit 1  Eat-in kitchen, Range/oven, Refrigerator
  • Unit 2  Eat-in kitchen, Range/oven, Refrigerator
  • Unit 3  Eat-in kitchen, Range/oven, Refrigerator
  • Unit 4  Eat-in kitchen, Range/oven, Refrigerator
    • Landlord Pays
    Unit Bedrooms Full Baths Half Baths Lease Expiration Date Month Rent Fin Sq.Ft Parking Elec Heat W/S
    1 2 1 0 00/00/0000 $800 864 1 Space Yes Yes Yes
    2 2 1 0 00/00/0000 $800 864 1 Space Yes Yes Yes
    3 2 1 0 00/00/0000 $800 816 1 Space Yes Yes Yes
    4 2 1 0 00/00/0000 $800 816 1 Space Yes Yes Yes
    Items Included 4 Oven/Ranges, 4 Refrigerators, Coin Operated Washer and Dryer
    Items Excluded  Seller's and Tenants Personal Property. Water Softener is rented Century Link
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Partial, Walkout
    • EXTERIOR FEATURES  
  • Type   2 story
  • Parking per Unit  1 space, Outside
  • Barrier-free Features  First floor bedroom, First floor full bath, Grab bars in bath, Level drive, Level lot, Low pile or no carpeting, Open floor plan, Ramped or level entrance
  • Exterior  Vinyl, Wood
  • Waterfront  
  • Terms  Land contract
    • OTHER FEATURES  
  • Utilities  
  • Legal Documents  Lease(s) on file
  • Miscellaneous  Water Softener Rented



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Century 21 Advantage