Price $980,000
Status Active
Size 8,619 sqft
Lot Size 23,000 sqft
Rare opportunity to acquire a well-maintained 9-unit multifamily property featuring two separate buildings on one parcel. The main turn-of-the-century home offers seven units and retains much of its original historic charm, blending character with modern updates. A second building provides an additional two units, creating a versatile unit mix. Most units have been renovated, offering updated interiors while preserving classic architectural details. Property amenities include on-site coin laundry, a three-car garage, ample off-street parking, and a fenced yard with outdoor features. The property offers a strong 7% cap rate, making it an attractive option for investors seeking stable income. The combination of historic appeal, functional updates, and on-site amenities contributes to long-term value and broad rental appeal.
Property Type(s): Commercial
Tract Montevideo Year Built 1910
Garage Spaces 3.0 County Chippewa

Additional Details

APPLIANCES Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
BASEMENT Finished, Yes
CONSTRUCTION Frame
GARAGE Yes
HEAT Natural Gas
LOT 0.528 acre(s)
LOT DIMENSIONS 200x105x108x22x92x127
PARKING Concrete, Garage Door Opener, On Site
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 3+
SUBDIVISION Montevideo
TAXES 8392
UTILITIES Underground Utilities
WATER Public
ZONING Residential-Multi-Family
Listed with Weichert REALTORS Tower Properties
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