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Listed by McClain Realty
$ 2,650,000
Est. payment /mo
New
1550 James Dr - Sparta, WI 54656
18,720 SqFt
UPDATED:
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
Acres 1.36
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
Rooms
Basement Crawl Space, None
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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