1550 James Dr - new

Sparta,WI 54656

$ 2650000

- Bed

- Bath

18720 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 18,720 sqft

Price per Sqft $141

MLS Listing ID 1914956

Year Built 2020

Annual Tax Amount $35,732

Tax Year 2024

Lot Size 1.360 Acres

Property Description

Rental property! 4 buildings, 20 - 2 bed, 1 bath units, 13 garages. Well located, great rental history, extremely low vacancy rate, low maintenance costs, tenant paid utilities, and all pet free. These building have been well maintained and updated over the last 20 years. Building D was built in 2020 and is ADA compliant. At that time, concrete for sidewalks was added and the parking lot expanded with new blacktop. Building B and C, windows, decks, doors and entrances have been redone within the last 10 years. All units have washer/dryer hook ups expect the second floor of Building A, however, there is room for a 2 sets of coin operated units on the second floor. All tenants are month to month. A great investment, fully occupied and the ability to raise rents to market rate.

Location

State WI

County Monroe

Zoning COM

Interior

Heating Electric,Wall/Sleeve Air

Cooling Electric,Wall/Sleeve Air

Flooring No

Exterior

Exterior Feature Vinyl

Garage Spaces 40.0

Roof Type Composition,Rubber

Building

Water Municipal Sewer,Municipal Water

Others

Special Listing Condition Owner May Assist

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