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4750 8TH ST S WISCONSIN RAPIDS, WI 54494
- Commercial / Resale (MLS)
Property Details for 4750 8TH ST S, WISCONSIN RAPIDS, WI 54494
Features
- Lot Size: 95179 sq. ft.
- Total Rooms: 1
- Room List: Basement
- Heating: Baseboard Heating
Facts
- Property ID: 897364140
- MLS Number: 22402979
- Parcel Number: 3414191
- Property Type: Commercial
- County: WOOD
- Legal Description: C-WIS RAPIDS PRT SESW SEC 29-22-6E COM INTERSEC WLN 8TH ST & NLN GRIFFITH FOR POB. N 272', W 350', S 272', E 350' TO POB
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. Welcome to this exceptional property, now generating a substantial gross potential income of $21,000 per month! The current owner has transitioned the property to long-term rentals, managing it like a traditional apartment complex to ensure consistent and reliable income. The property features a versatile unit breakdown to cater to various tenant needs: one spacious 3-bedroom apartment, sixteen kitchenette units, two kitchenette suites, and eleven traditional motel units. Significant updates have been made throughout, including new furnishings, water heaters, windows, and upgraded insulation. High-speed WiFi services all units, and many feature updated flooring for added comfort. Enjoy the convenience of keyless door access in most units. Located on a highly trafficked corner, this property boasts high visibility and easy access to food and shopping, making it a prime choice for tenants. The outdoor pool adds a touch of luxury and relaxation. This property offers a blend of modern amenities and a convenient location, making it a valuable investment opportunity.
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Property Brokerage:
eXp Realty, LLC
8383 Greenway Blvd.
Middleton
WI
53562
Copyright © 2024 Central Wisconsin MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.