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$ 1,250,000
Est. payment | /mo
27 Beds
10 Baths
0.52 Acres Lot
$ 1,250,000
Est. payment | /mo
27 Beds
10 Baths
0.52 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Complex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 22603584
Style 2 Story
Bedrooms 27
Year Built 2001
Lot Size 0.517 Acres
Acres 0.517
Property Sub-Type Complex
Property Description
Excellent investment opportunity in Stevens Point! This well-maintained five-unit, townhouse-style complex is zoned R-4 and currently operated as a successful college student rental property. The units consistently rent approximately one year in advance and are currently leased through summer 2027. Each unit includes Fridge, stove and dishwasher. Every unit also has its own owner-owned, coin-operated washer and dryer, along with an individual air makeup exchanger. Tenants are responsible for water, sewer, and electricity, while the owner pays for heat, garbage, and recycling. The property also offers a private off-street parking lot and a roof replaced approximately 10 years ago. With strong rental demand, established income, and leases already secured through summer 2027, this is a rare opportunity to add a proven multi-unit property to your investment portfolio. Seller financing is not available. Seller is a Wisconsin-licensed real estate agent.
Location
State WI
County Portage County
Area Stevens Point
Interior
Interior Features Smoke Detector, Air Exchange System
Hot Water Electric
Heating Radiant
Appliance Refrigerator, Range, Dishwasher, Washer, Dryer
Laundry Coin-Op Dryer, Coin-Op Washer
Exterior
Roof Type Shingle
Building
Sewer Y
Water Separate Meter
Others
Tax ID 281-24-0829400906
Energy Description Natural Gas
Listed by FIRST WEBER
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Chantal Gabert
Realtor & Client Relations Manager