497 Lake St - Assisted Livings FOR SALE


Montello, WI 53949
$585,000 USD
608-697-0750
497 Lake St, Montello, WI for Sale
$585,000 USD
Assisted Livings - FOR SALE
1/61
null | Request Cap Rate

497 Lake St
Montello, WI 53949


HIGHLIGHTS

  • Two well-designed residential buildings totaling 16 rooms, offering versatile layout options for multiple uses.
  • Spacious common areas with large living rooms, full kitchens, and dining rooms in each building create a functional living environment.
  • Each building includes two full baths, with select units featuring additional half baths for added convenience.
  • Private office spaces in both buildings enhance flexibility for administrative or management purposes.
  • Property features modern conveniences including electric heat, window air units, sprinkler system, laundry facilities, walk-out patios, and more.
  • Situated on a large lot with blacktop parking and a two-car detached garage for ample vehicle accommodation.

OVERVIEW

Former CBRF, Community based Residential facility, 2 units 8 rooms each. 16 total rooms large living rooms, Kitchens and dining rooms, new carpet front building, 2 full baths in each building, plus Apt. 1 and 6 each have a half bath, private office in each building, all electric heat, window air, sprinkler system in place, no basements, laundry, pantry's and walk out patios. Black top parking out-front on a large lot, 2 car detached garage. Current tenant is relocating. Currently no income. Set your own rents. Great extra income property. many different uses, nursing home, apt. building, efficiency rental. Located in a great historical city of Montello Wi. located near the fox river system. Quiet neighborhood. great investment! Built in 1997. Brick and vinyl exterior. Easy to maintain.

FOR SALE DETAILS

PRICE

$585,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,127 SF

ZONING

G2

APN/PARCEL ID

251-00067-0000,251-00067-0005

ASK ABOUT THIS PROPERTY

Terry DixonUC Hamele Auction and RealtyMore Info
608-697-0750

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Terry DixonUC Hamele Auction and RealtyMore Info
608-697-0750

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