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115 W Pearl Street

New Lisbon, WI 53950
  • $689,000
  • STATUS: Active
  • ON SITE: 37 Days
  • ID#: 1970051
UPDATED: 6 min ago
$689,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 999
    SQFT
  • $690
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1876
County:

School Ratings & Info

Listing provided by @Properties Christies International Real Estate: 262-348-0200

Description

Invest in a piece of history with this charming brick 10-plex apartment building, formerly known as The Park Motel. Tons of work into this building Recent upgrades include freshly paved lot, new decking and stairs, and installation of an 800 amp electrical service. The property boasts a stellar occupancy record with long term renters. The owner covers water and sewer expenses, while tenants are responsible for their own electric and gas bills. Seven units occupied units feature 2 updated laundry areas for added convenience. The sale includes all refrigerators, ranges, and on-site maintenance materials. Embrace the historical significance and modern amenities offered by this unique property. 2 Parcels Classified as G2 - COMMERCIAL

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© 2024 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty HGM. Data last updated: 2024-03-03T08:42:00.043.
www.exithgm.com/homes/146931335
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115 W Pearl Street New Lisbon, WI 53950

  • Price: $689,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 6 min ago
  • ID#: 1970051
0
Beds
0
Baths
0
½ Baths
0.32
Acres
999
SQFT
$690
$/SQFT
1876
Built
Neighborhood:
New Lisbon - C
County:
Juneau
Area:
New Lisbon - C
Property Description
Invest in a piece of history with this charming brick 10-plex apartment building, formerly known as The Park Motel. Tons of work into this building Recent upgrades include freshly paved lot, new decking and stairs, and installation of an 800 amp electrical service. The property boasts a stellar occupancy record with long term renters. The owner covers water and sewer expenses, while tenants are responsible for their own electric and gas bills. Seven units occupied units feature 2 updated laundry areas for added convenience. The sale includes all refrigerators, ranges, and on-site maintenance materials. Embrace the historical significance and modern amenities offered by this unique property. 2 Parcels Classified as G2 - COMMERCIAL
Exterior Features

Building Parking 6-10 spacesPaved Exterior Brick Location Business districtFree standingResidential areaCorner Roof Metal Type Apartment building

Interior Features

Basement Full Ceiling Height Max 10 Ceiling Height Min 8 Heating Cooling Forced airCentral air Unit1 Gross Sq Ft 1

Property Features

Annual Operating Expenses 10381 Business Sale No City Town Or Village City County Quarter Juneau SW Documents On File Lease(s)Fixtures & equipmentProperty Condition Report Fuel Natural gas Gross Operating Income 91056 Lease Only No Lease Type Month to monthAnnualRenewal options Mailing City New Lisbon Net Operating Income 80675 Net Taxes 2359 Occupancy Tenant(s) Present Use Apartment building Real Estate Sale Yes Sale Includes Lease(s)EquipmentOther Source Sq Ft Other Tax Year 2022 Tenant Pays HeatAir ConditioningElectric Terms Misc Seller may assist Unit1 Annual Rent Per Sq Ft 91056 Water Waste Municipal waterMunicipal sewer Year Built Source Other Zoning G3

Listing information © 2024 South Central Wisconsin MLS.
Listing provided courtesy of @Properties Christies International Real Estate: .



© 2024 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty HGM. Data last updated: 2024-03-03T08:42:00.043.
 
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EXIT Realty HGM
345 W Washington Ave
Madison WI, 53703
Listing provided by @Properties Christies International Real Estate: 262-348-0200