MLS Public Remarks Excellent opportunity to own a historic part of Shullsburg and make some money doing so. This 8 unit apt. building has been around since the mid 1800s. Unit 5 U/L 1 Bedroom, $800/month, Util included. Month to Month Unit 7 L/L 1 Bedroom, $750/month, Util included. Month to Month Unit 8 L/L 2 Bedroom, $1,375/month, Util included. Month to Month Units 1, 5 and 8 have been renovated all the way to the studs. Units 3 and 6 are in various states of being remodeled and will provide additional income. Seller anticipates being able to rent each unit for $1375-$1,500/per month, util included. All units have washer and dryer hook ups however, tenants own the washer/dryer. Units are metered separately for elec, water/sewer. Some tenants prefer to have it just included in the rent.
Location City
Other Marketing Area
Mailing City Shullsburg
C/T/V City
Unit #
Directions Hwy 11 To W Water Street
Number of Units 8
Year Built 1900
# Furnaces 0
Heating Type Rad Elec
Heating Fuel Elec
# Water Heaters 8
# Water Softeners 0
# Stoves 6
# Refrigerators 6
# Dish Washers 0
# Washers 0
# Dryers 0
# Units w/AC 0
Number of Efficiencies 0
Number of 1 Bedrooms 4
Number of 2 Bedrooms 2
Number of 3+ Bedrooms 2
Total Income 0
Total Expenses 21757
Net Operating Inc 34943
Year
School District Shullsburg
High School Shullsburg
Middle Shullsburg
Elementary Shullsburg
Land Assessment $14,800
Improvements $187,100
Total Assessment $201,900
Net Taxes $4,998
Assessment Year 2022
Tax Year 2021
Owner
Zoning commercial
Subdivision
Name of Lake/River
Est. Total Acres 0.32
Source for Est. Total Acres PubR
Unit 1 In-unit laundry, Individual heat control, Range/oven, Refrigerator
Unit 2 In-unit laundry, Individual heat control, Range/oven, Refrigerator
Unit 3 In-unit laundry
Unit 4 In-unit laundry, Range/oven, 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 |
2 |
1 |
0 |
m2m |
$1050 |
731 |
Street |
Yes |
Yes |
Yes |
2 |
1 |
1 |
0 |
m2m |
$375 |
435 |
Street |
No |
No |
No |
3 |
4 |
1 |
0 |
vacant |
$0 |
946 |
Street |
No |
No |
- |
4 |
1 |
1 |
0 |
m2m |
$375 |
0 |
1 Space |
No |
No |
No |
Items Included 6 Stoves, 6 Refrigerators.
Items Excluded Tenants personal property, pop machines.
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Finished, Full, Walkout
Type Apartment building
Parking per Unit Outside
Barrier-free Features
Exterior Wood
Waterfront
Terms
Utilities Sep elec meters each unit, Separate water meters
Legal Documents Income/Exp Report Avail
Miscellaneous
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Keller Williams Realty Signature