601 Main St - Multi-Family FOR SALE


Linden, WI 53553
$295,000 USD
608-843-5663
601 Main St, Linden, WI for Sale
$295,000 USD
Multi-Family - FOR SALE
1/13
null | Request Cap Rate

601 Main St
Linden, WI 53553


HIGHLIGHTS

  • Current Rents are significantly lower than the average rent in neighboring municipalities
  • Prime location on Main Street offers potential redevelopment

OVERVIEW

Value add 7 Unit Apartment Complex in the Village of Linden, WI. A nice mix of 2 bd/1bth, 1 bd/1bth, and efficiency/1bth apartments. Sometimes opportunity comes dressed in overalls and requires a tool box! Older brick building that has been converted into an apartment complex awaits its next investor. Current Rents are significantly lower than the average rent in neighboring municipalities. Prime location on Main Street offers potential redevelopment of the space or possible conversion back into retail space. Original hardwood floors and woodwork in many of the apartments. All units have separate electric meters and separate water heaters. Off street parking makes this an attractive option. AS-IS SALE, Priced to Move!

FOR SALE DETAILS

PRICE

$295,000 USD

PRICE/SF

$84 USD /SF

# OF UNITS

7

PRICE/UNIT

$42,143

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Value Add 7 Unit Apartment Complex For Sale

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

146-0258

ASK ABOUT THIS PROPERTY

Justin WitkinsRE/MAX PreferredMore Info
608-843-5663

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Justin WitkinsRE/MAX PreferredMore Info
608-843-5663

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