Presented by...
Carolyn Doering
Mobile: (608) 284-0277
[email protected]

 Property Type Multi Family
 Parcel # 281-0212-0000
 County Lafayette
 Sub Area M21
 Municipality Shullsburg
 MLS# 1942348
 Listing Date 08/28/2022
 Sold Price $250,000
 Close Date 01/23/2023 12:00 AM

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.
Documents and Related Links  
1) property condition disclosure
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Shullsburg
  • C/T/V  City
  • Unit #  
  • Directions  Hwy 11 To W Water Street
  • BUILDING INFO  
  • 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
  • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  4
  • Number of 2 Bedrooms  2
  • Number of 3+ Bedrooms  2
  • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  21757
  • Net Operating Inc  34943
  • Year  
  • ASSESSMENT/SCHOOLS   
  • 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  
  • LOT DESCRIPTION  
  • Zoning  commercial
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.32
  • Source for Est. Total Acres  PubR
  • UNIT INFORMATION  
  • 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
  • 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.
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Finished, Full, Walkout
  • EXTERIOR FEATURES  
  • Type   Apartment building
  • Parking per Unit  Outside
  • Barrier-free Features  
  • Exterior  Wood
  • Waterfront  
  • Terms  
  • OTHER FEATURES  
  • 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 Pahnke Real Estate, Llc