201 S Main St, Jefferson

$674,500

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Prime location in beautiful downtown Jefferson. Just up from the river and a block from Rotary Park, this property offers two commercial spaces on the main level and eight apartments upstairs. All apartments are occupied and easy to rent. Apartments have unique layouts. Some have skylights, tin ceilings and exposed brick. The commercial tenant, an employment group, is leased through July of 2021. This tenant pays all utilities including water, waste, gas, electric. The other commercial space was a cafe but currently is available for an owner occupant who wants to offset their mortgage with income from all the other units. Per seller, new roof in 2017 and projected gross annual income at $65,000. Very attractive building with 66 feet of Main Street frontage.

First Weber Inc.

Essential Information
Status Active
Detailed Status Active
Days on Market 82
MLS® # 1878816
Price $674,500
Year Built 1875
Type Multi Family
Assessed Value $603,800
Year Assesed 2019
Net Taxes $13,607
Tax Year 2019
Utilities Separate elec meters, Separate gas meters
Parking Per Unit 557
Exterior Brick/Stone, Stone
Community Information
Address 201 S Main St
MLS® Area JEFFERSON - C
City Jefferson
County Jefferson
State WI
Zip Code 53549
School Information
District Jefferson
Elementary Jefferson
Middle Jefferson
High Jefferson
Property Overview
Efficiency Units 1
1 Bedroom Units 5
2 Bedroom Units 2
Total Units 10
# of Furnaces 5
# of Water Heaters 10
Heat Fuel Natural Gas
# of Stoves 8
# of Refrigerators 8
Units with AC 2
Unit 1 Details
# of Bedrooms 1
# of Full Baths 1
Lease Expires 5/31/20
Monthly Rent $535
Square Feet 1
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 1
# of Full Baths 1
Lease Expires 11/30/20
Monthly Rent $595
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 3 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 7/31/20
Monthly Rent $650
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 4 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 6/30/20
Monthly Rent $675
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning 2-Com
Short Sale No
REO / Bank Owned No
Property History
Price Reduced from $699,500 to $674,500
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Data provided by the South Central Wisconsin MLS as of 05/31/2020.

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