Remarks

Great investment property! **SELLER FINANCING AVAILABLE AT 6.0% INTEREST RATE!** Located in the heart of Wisconsin Rapids with DOT daily traffic counts of 20,600, this well maintained building offers fantastic exposure. Total building square footage of 5,439 sqft, with the 1,650 sqft northern unit currently rented for $1,650/month on a 5 year lease term with 3% increase at 5 years. The 3,789 sqft southern unit was recently rented for $3,425/month on a 5 year lease term with 3% annual increase. The large 0.814 acre lot offers an abundance of parking. Both units are separately metered for all utilities. Landlord covers snow removal, exterior maintenance, taxes, and building insurance. Tenants cover utilities and interior maintenance.

Details

MLS#: 22401505
Price: $624,900

Style: Real Estate For Sale
Sq Ft: 5439

County: Wood County
Lot Size: 35,475
Tax Fee: 9,885.49