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Key Details
Sold Price $1,175,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,300 sqft
Price per Sqft $903
MLS Listing ID 1554890
Sold Date 01/14/22
Year Built 2000
Annual Tax Amount $3,043
Tax Year 2020
Lot Size 8,097 Sqft
Acres 0.1859
Property Description
These properties benefit from a great location south of New Richmond, a smaller town that is booming with people moving from the Twin Cities. This property is priced below market rent despite being fully occupied. Rents are low and replaceable. A new owner would have the flexibility to push rents, due to the flexibility these kinds of short-term leases(year to year)provide. Taxes average under $3,000 per year per unit. 7 units total, 3 and 1/2 buildings.
Location
State WI
County Saint Croix
Rooms
Basement Partially Finished, Poured Concrete
Interior
Interior Features Circuit Breakers
Heating Electric, Lp Gas
Cooling Central Air, Forced Air
Exterior
Exterior Feature Wood
Waterfront N
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District New Richmond
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Bought with Team Trillium
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