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711 Ridge Street,  Mineral Point,  WI  53565 $425,000 Sold
711 Ridge Street,  Mineral Point,  WI  53565
$425,000
Sold
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 Property Type Multi Family
 Parcel # 251-0778
 County Iowa
 Sub Area J17
 Municipality Mineral Point
 MLS# 1954574
 Listing Date 04/25/2023
 Sold Price $385,000
 Close Date 07/15/2023 12:00 AM

MLS Public Remarks  Invest in your future with this one-of-a kind opportunity to own a 4 unit brick apartment building located in the historic town of Mineral Point. This property boasts a great rental history, and includes features like central air conditioning for efficiency, plus a 2 car garage and coin operated laundry for added convenience. Don't miss out on owning a property boasting with rental success!
Documents and Related Links  
* 4 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Mineral Point
  • C/T/V  City
  • Unit #  
  • Directions  Right Across From Kwik Trip In Mineral Point
    • BUILDING INFO  
  • Number of Units  4
  • Year Built  1950
  • # Furnaces  2
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  1
  • # Water Softeners  1
  • # Stoves  4
  • # Refrigerators  4
  • # Dish Washers  0
  • # Washers  1
  • # Dryers  1
  • # Units w/AC  4
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  2
  • Number of 2 Bedrooms  2
  • Number of 3+ Bedrooms  0
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  12226
  • Net Operating Inc  31034
  • Year  
    • ASSESSMENT/SCHOOLS   
  • School District  Mineral Point
  • High School  Mineral Point
  • Middle  Mineral Point
  • Elementary  Mineral Point
  • Land Assessment  $30,600
  • Improvements  $152,600
  • Total Assessment  $183,200
  • Net Taxes  $4,426
  • Assessment Year  2022
  • Tax Year  2022
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  R-3
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.22
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Air conditioning, Dining room, Individual heat control, Range/oven, Refrigerator, Wood or sim. wood floor
  • Unit 2  Air conditioning, Individual heat control, Range/oven, Refrigerator
  • Unit 3  Air conditioning, Individual heat control, Range/oven, Refrigerator
  • Unit 4  Air conditioning, Dining room, Individual heat control, 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 12/31/2023 $930 950 2 Space Yes Yes Yes
    2 1 1 0 02/15/2024 $875 490 2 Car Garage Yes Yes Yes
    3 1 1 0 08/31/2023 $875 520 2 Car Garage Yes Yes Yes
    4 2 1 0 08/31/2023 $925 950 2 Space Yes Yes Yes
    Items Included Refrigerator (4), Stoves (4), Coin Operated Washer and Dryer
    Items Excluded  Tenants personal property
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Walkout
    • EXTERIOR FEATURES  
  • Type   2 flat, 2 story
  • Parking per Unit  2 Car garage, Detached, Outside
  • Barrier-free Features  First floor bedroom, First floor full bath, Level drive
  • Exterior  Brick
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  
  • Legal Documents  Condition report on file, Lease(s) on file
  • Miscellaneous  Internet - Cable, Internet - DSL, Internet - Fixed Wireless, Internet - Satellite/Dish, Security system, Shared laundry



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Re/Max Preferred