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    850 Gardner Street

    Wisconsin Rapids, WI 54495
    • $290,000
    • STATUS: Active
    • ON SITE: 37 days
    • MLS #: 22006444
    $290,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    A must see for Investors!! 6 unit property with great income opportunity. Total rents are $2960/mo. 4 above ground units are updated and each offer 2 beds and 1 bath. Lower level units have long term tenants one unit is a studio and the other 1 bed/1 bath. Building is in a great location close to downtown and the river. Very little turnover many tenants have been in the property for 5+ years. Seller states roof (Duralast) was redone in 2017 with a 15 year transferable warranty , Boiler is serviced regularly. Seller states current total monthly heating $184/month, internet, and garbage total about $129/month. Elect/water/sewer combined is under $200/month. Exterior has been sealed and tuck pointed. Tenants have taken care of lawn and snow removal. There is a large garage on the property that is shared by all six 6 units. Each unit has 1 designated parking space. Coin op laundry is shared in the basement and machines are rented and maintained through separate service with a split on laundry proceeds. Seller is willing to consider financing options.

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    © 2021 Central Wisconsin Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Midstate Realty. Data last updated: 2021-05-15T23:31:34.673
    www.exitmidstate.com/homes/115894106
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    850 Gardner Street Wisconsin Rapids, WI 54495

    • Price: $290,000
    • Status: Active
    • MLS #: 22006444
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    Neighborhood:
    Wisconsin Rapids
    County:
    Wood
    Area:
    Wisconsin Rapids
    Property Description
    A must see for Investors!! 6 unit property with great income opportunity. Total rents are $2960/mo. 4 above ground units are updated and each offer 2 beds and 1 bath. Lower level units have long term tenants one unit is a studio and the other 1 bed/1 bath. Building is in a great location close to downtown and the river. Very little turnover many tenants have been in the property for 5+ years. Seller states roof (Duralast) was redone in 2017 with a 15 year transferable warranty , Boiler is serviced regularly. Seller states current total monthly heating $184/month, internet, and garbage total about $129/month. Elect/water/sewer combined is under $200/month. Exterior has been sealed and tuck pointed. Tenants have taken care of lawn and snow removal. There is a large garage on the property that is shared by all six 6 units. Each unit has 1 designated parking space. Coin op laundry is shared in the basement and machines are rented and maintained through separate service with a split on laundry proceeds. Seller is willing to consider financing options.
    Exterior Features

    Construction Brick Roof CompositionFlat Stories 2 Story Waterfront YN No

    Interior Features

    Appliances RangeRefrigerator Basement YN Yes Heat Type Steam Interior Features Ceiling Fan(S)Smoke Detector Laundry Available On Site Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit1 Sq Ft 680 Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit2 Sq Ft 680 Unit3 Bathrooms 1 Unit3 Bedrooms 2 Unit3 Sq Ft 870 Unit4 Bathrooms 1 Unit4 Bedrooms 2 Unit4 Sq Ft 870 Water Heater Natural Gas

    Property Features

    Electricity Separate Meter Foreclosure No Fuel Type Natural Gas Gas Master Meter Municipality Wisconsin RapidsCity Of Property Type Sixplex Sale Or Rent For Sale Sewer And Water Pb Sewer/Pb Water Short Sale No Tax Amount 3824 Tax Year 2019 Water Meter (S) Wisconsin Rapids Area School District Wisconsin Rapid

    Listing information © 2021 Mid America Regional Information Systems, Inc.
    Listing provided courtesy of Amy Lesniak of Kpr Brokers, Llc.


    © 2021 Central Wisconsin Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Midstate Realty. Data last updated: 2021-05-15T23:31:34.673
     
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    Weston WI, 54476