323 N Main St, Lake Mills

$224,900

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Who wants residual income? That is what happens with real estate investments! Historically there is no better place to start as an investor than multi-family investments. This is a great starter property! Great location, solid tenants who are respectful of the property and view it as their home. Rental rates are reasonable and still yield a good return. 4 units, all 1 bedroom, 1 bath, walking distance to downtown Lake Mills and easy access to the interstate. Lake Mills is a wonderful place to invest. All leases are available for review. New roof put on in last 2 years, water main replaced this year.

RE/MAX Shine.

Essential Information
Status Active
Detailed Status Active
Days on Market 8
MLS® # 1867954
Price $224,900
Year Built 1890
Type Multi Family
Assessed Value $200,000
Year Assesed 2019
Net Taxes $3,911
Tax Year 2018
Total Income $23,328
Utilities Separate elec meters, Separate gas meters
Parking Per Unit 557
Exterior Other
Community Information
Address 323 N Main St
MLS® Area LAKE MILLS - C
County Jefferson
State WI
Zip Code 53551
School Information
District Lake Mills
Elementary Lake Mills
Middle Lake Mills
Property Overview
1 Bedroom Units 4
Total Units 4
# of Furnaces 4
# of Water Heaters 2
# of Water Softeners 1
Heat Fuel Natural Gas
# of Stoves 4
# of Refrigerators 4
# of Dishwashers 1
# of Washers 1
# of Dryers 1
Unit 1 Details
# of Bedrooms 1
# of Full Baths 1
Lease Expires month
Monthly Rent $510
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Unit 2 Details
# of Bedrooms 1
# of Full Baths 1
Monthly Rent $499
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Unit 3 Details
# of Bedrooms 1
# of Full Baths 1
Monthly Rent $505
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Unit 4 Details
# of Bedrooms 1
# of Full Baths 1
Monthly Rent $430
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Additional Information
Zoning B-1
Short Sale No
REO / Bank Owned No
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DISCLAIMER: Information is supplied by seller and other third parties and has not been verified.The IDX information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data provided by the South Central Wisconsin MLS as of 09/17/2019.

Copyright 2019 – (South Central Wisconsin MLS) – All Rights Reserved

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