Description
4750 8th Street South,
Wisconsin Rapids,
WI
54494
Welcome to this exceptional property, now generating a substantial gross potential income of $21,000 per month! The current owner has transitioned the property to long-term rentals, managing it like a traditional apartment complex to ensure consistent and reliable income. The property features a versatile unit breakdown to cater to various tenant needs: one spacious 3-bedroom apartment, sixteen kitchenette units, two kitchenette suites, and eleven traditional motel units. Significant updates have been made throughout, including new furnishings, water heaters, windows, and upgraded insulation. High-speed WiFi services all units, and many feature updated flooring for added comfort. Enjoy the convenience of keyless door access in most units. Located on a highly trafficked corner, this property boasts high visibility and easy access to food and shopping, making it a prime choice for tenants. The outdoor pool adds a touch of luxury and relaxation. This property offers a blend of modern amenities and a convenient location, making it a valuable investment opportunity.
This is an Active listing.
Broker Office Phone Number: 866-848-6990
Copyright © 2024Central Wisconsin MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Dishwasher
- Private Pool
- Refrigerator
- Dryer Included
- Washer / Dryer
- Composition Shingle Roof
Listing By: eXp Realty, LLC via Data Source: Central Wisconsin MLS
Multi Family
Property type
Price History
date | price | variance | type |
---|
7/8/2024 | $2,100,000 | - | Listed |
listing agent: BRIAN STEARNS