300 Maple Street Turtle Lake WI 54889 | $165,000

Multi-Family
Sold
MLS# 1535274
Total Number of Units: 4

Room Dimensions

300 Maple Street Turtle Lake WI 54889 - This Income Producing Property In Turtle Lake Consists Of 3 Rental Apartments Grossing $1,475/Month. These 3 Units Are On Verbal Month To Month Leases. Rents Have Not Been Raised For Many Years For Two Of The Apartments. There Is A Lease Through 2026 With The Post Office Grossing $8,950/Year But Scheduled To Rise To $9849/Year By May 2021. There Are 4 Storage Locker Units With The Potential To Produce $50/Month Per Locker. The Seller Pays All The Utilities For The 3 Rental Apartments Which Run About $5,155 And $2,600 For Insurance. However, These Units Are Metered Separately If You Wanted To Change That. The Post Office Pays All Their Utilities And Reimburses The Seller For The Yearly Property Taxes So There Is Really No Out Of Pocket Cost There Except For Building Maintenance. The Apartments Have A Roof That Is Approx. 4 Years Old. The Post Office Has A Roof That Is 12 Years Old W/25 Year Warranty. 2 Car Garage Is Included As Well.

Features

  • Multi-Family
  • Status: null
  • Total Number of Units: 4
  • Est. Year Built: 1957
  • Estimated Age: 21+ Years
  • Estimated Square Feet: 3501-5000
  • Square Feet: 4450
  • Est. Acreage: < 1/2
  • Est. Lot Size: 181 x 68 x 188 x 83
  • School District: Turtle Lake
  • County: Barron
  • MLS#: 1535274
  • Listing Company: Dane Arthur Real Estate Agency/Turtle Lake
  • Price/SqFt: $35
  • Zip Code: null

The information which is contained on pages with property data is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. Shorewest Realtors is not making any warranties or representations concerning any of these properties. Shorewest Realtors shall not be held responsible for any discrepancy and will not be liable for any damages of any kind arising from the use of this site. REALTOR *MLS* Equal Housing Opportunity