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$525,000
Est. payment /mo
0.29 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Burrall'S Addition
MLS Listing ID 2029259
Year Built 1888
Annual Tax Amount $4,155
Tax Year 2024
Lot Size 0.290 Acres
Acres 0.29
Property Description
Classic Second Empire-style 6-unit investment property offering character and excellent income potential. The unfinished third story presents an opportunity to create additional living space for rental income (subject to buyer verification and local approvals). Coin-operated laundry in the basement provides additional revenue. Two units have recently been refreshed and are vacant, giving the new owner an opportunity to set market rents. The majority of the roof has been replaced. All current tenants are on month-to-month leases, allowing flexibility for future plans. Parcel 216-0116 is not included in the sale; however, the purchaser will have the first opportunity to buy that parcel should it become available in the future.
Location
State WI
County Iowa
Zoning Commercial
Rooms
Basement Partial
Interior
Heating Natural Gas
Cooling Radiant/Electric
Inclusions 6 Refrigerators, 6 Range/ovens, Washer, Dryer
Exterior
Exterior Feature Wood, Brick
Utilities Available Separate Gas Meters
Building
Dwelling Type Apartment Building
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
Elementary Schools Dodgeville
Middle Schools Dodgeville
High Schools Dodgeville
School District Dodgeville
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Listed by Potterton Rule Real Estate LLC