Listed by Castle Rock Realty LLC
$100,000
243 W State Street
Details
APN 292510467
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 8
NOI $16,060
Year Built 1920
Acreage 0.240
Zoning CENBUs
Parking Spaces 5 spaces
Multifamily | 8 Units
Marketing description
Two properties for one price. This 1 of 2 large home is in a convenient location in city of Mauston. This is an amazing investment opportunity or remodel for commercial space. Currently, the multi-family home is set up with 2 apartments and 6 sleep rooms. The sleeping rooms have a shared kitchen and bathroom on second level. There is on-site parking in the rear of the building and additional parking lot across the street. New boiler furnace installed last year. 4,520 sq ft of living space per 2023 assessor report. Per seller 243 & 249 W State Street properties must both sell together. Both are listed at a combined price of $100,000. The MLS# for 249 W State St is 2027614. Currently 3 units are occupied for monthly rental income of $2,125. All sleeping rooms in upper level are currently vacant.
Listing Contacts
Listed by Castle Rock Realty LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$16,060.00
$1,338.33/mo
Valuation Metrics
0
DSCR
16.06%
Cap Rate
16.06%
ROI
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