1010 Mills St - Apartments FOR SALE


Black Earth, WI 53515
$569,900 USD
608-235-0928
1010 Mills St, Black Earth, WI for Sale
$569,900 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

1010 Mills St
Black Earth, WI 53515


OVERVIEW

Great opportunity to start your investment portfolio or add an addition to it.6 unit apartment building with some long standing tenants.Unit 1(1303 Webb St 2nd floor $900mo)2BR/1BA, new furnace 2019.Unit 2(1305 Webb St 2nd floor $925mo)2BD/1BA. Unit 3(1010 Mills St. 1st floor $900mo)1BD/1BA , new 2025 furnace. Unit 4(1301 Webb St. 1st floor $700mo)1BD/1BA.Unit 5(1307 Webb St 1st floor $900mo)1BD/1BA. Unit 6(1311 Webb St. Efficiency, 1st floor $725mo).The building offers some updates such as 2 newer furnaces, some newer windows, updates of flooring and some doors in each unit.Each unit controls their own thermostat for heating and cooling needs.Landlord pays for the heat in Units 4 & 6 and pays the water bill for all units. Only two units will be available for showings unless a pre-approval letter or an offer is submitted to access all units. Sq footage to be verified by buyer if important to transaction.Listing agent to be present for showings.Require 48 hour notice for showings schedule through ShowingTime.NO SELLER FINANCING PER SELLER.

FOR SALE DETAILS

PRICE

$569,900 USD

PRICE/SF

$79 USD /SF

# OF UNITS

6

PRICE/UNIT

$94,983

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

B-1 Commercial

APN/PARCEL ID

0806-264-2702-1

ASK ABOUT THIS PROPERTY

Shawn StampfliKeller Williams RealtyMore Info
608-235-0928

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Shawn StampfliKeller Williams RealtyMore Info
608-235-0928

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.