60
See all 60 photos
$277,500
Est. payment /mo
15 Beds
7 Baths
5,050 SqFt
New
974 W STATE STREET Mauston, WI 53948-0000
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,050 sqft
Price per Sqft $54
MLS Listing ID 22605114
Style 1.5 Story
Bedrooms 15
Property Sub-Type Other
Property Description
Seven units. Five buildings. Offered at $277,500 in Mauston. This investment package includes a triplex, three two-bedroom, one-bathroom single-family homes, and one three-bedroom, one-bathroom single-family home. All units are currently occupied, and showings require at least 48 hours of notice. The property will be delivered vacant and prepared for rehabilitation at closing. For an experienced investor or contractor, this property offers the potential to build equity through renovation and establish rental income across seven units. An investor who manages the project and performs portions of the work may have opportunities to control costs. This is not a turnkey rental. One house has a new roof, while renovation needs vary throughout the property. Some buildings have failed roofs, and some homes have significant water damage. Health and safety concerns require assessment and remediation. Based on preliminary estimates, the combined retail value after completed repairs and renovations could potentially reach $705,000 or greater, subject to supporting comparable sales, finished condition, market conditions, and whether the buildings can be sold individually. This projection is not a guaranteed resale value.
Location
State WI
County Juneau County
Area Other
Interior
Fireplaces Number 1
Fireplaces Type Wood
Exterior
Garage Spaces 1.0
Building
Sewer Pb Sewer/Pb Water
Others
Tax ID 292511478
Listed by EPIQUE REALTY
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION