923 Lemma Creek Rd - Multi-Family FOR SALE


Woodruff, WI 54568
$325,000 USD
715-358-0450
923 Lemma Creek Rd, Woodruff, WI for Sale
$325,000 USD
Multi-Family - FOR SALE
1/14
null | Request Cap Rate

923 Lemma Creek Rd
Woodruff, WI 54568


HIGHLIGHTS

  • Duplex with strong rental history.
  • Two 2BR/1BA units.
  • Partial basement with private entrance and workshop.

OVERVIEW

Zoned general business & currently being used as a duplex, with strong rental history. Each side offers 2 Bd/1 BA with kitchen, living area & stacked laundry. Private entrances, a covered entry porch for seasonal space, sheds and spacious parking area are a few key offerings. Each unit has updated kitchens & bathrooms, as well as electric, mechanicals, appliances and a portion of the windows have been updated. A partial basement w/ private entrance offers about 700 sq ft of storage & workshop area & has hook ups for an additional bath. A doorway between the units offers an alternate use as a 4BD/2BA home or a creative business owner could have an endless amount of possibilities here. Prime location near downtown Woodruff, 1 block off of Hwy 51 & all town amenities. Multiple other business locations are located within close proximity-providing good visibility for this location. Continue to keep it in the local rental pool or bring the property to a new potential. NOTE: year built estimated.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$173 USD /SF

# OF UNITS

2

PRICE/UNIT

$162,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

General business

APN/PARCEL ID

04001-0691-0007

ASK ABOUT THIS PROPERTY

Pat Van HeftyRedman Realty Group LLCMore Info
715-358-0450

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Pat Van HeftyRedman Realty Group LLCMore Info
715-358-0450

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