1022 Grandview AVENUE Active

Tomah,WI 54660

$ 3700000

- Bed

- Bath

34000 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 34,000 sqft

Price per Sqft $108

MLS Listing ID 1894653

Year Built 2005

Annual Tax Amount $37,506

Tax Year 2023

Lot Size 1.890 Acres

Acres 1.89

Property Description

Fantastic opportunity to own two apartments totaling 32 units in pristine condition. Incredibly well-kept and managed properties. (16) 1BR units, (14) 2BR units, (2) 3BR units, 23 garages rented at $65/garage. 6 coin-op washers and dryers. Four of the 2BRs have private laundry rooms. New water heater in 1022 in 2021. New roofs on 1021 and 1021 garages. 2023 NOI shows 7-Cap rate. Property rents low compared to competitor rentals in market, great value-add! Property is literally turnkey and ready to operate!

Location

State WI

County Monroe

Zoning COMM

Rooms

Basement None / Slab

Interior

Heating Electric

Cooling Wall/Sleeve Air

Inclusions 32 stoves, 32 refrigerators, 32 dishwashers, 6 coin-op washers, 6 coin-op dryers

Equipment Seller Owned: Dryer,Seller Owned: Washer,Seller Owned: Water Heater

Exterior

Exterior Feature Vinyl

Garage Indoor Space

Waterfront N

Building

Dwelling Type Apartment Building

Sewer Municipal Sewer,Municipal Water

New Construction N

Schools

Middle Schools Tomah

High Schools Tomah

School District Tomah Area

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