$ 675,000
1416 MAIN STREET Stevens Point, WI 54481
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Listed by Standard Real Estate Services, LLC
$ 675,000
Est. payment /mo
Active
1416 MAIN STREET Stevens Point, WI 54481
6,462 SqFt
UPDATED:
10/08/2024 06:06 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,462 sqft
Price per Sqft $104
Municipality STEVENS POINT
MLS Listing ID 50294410
Year Built 1886
Annual Tax Amount $4,765
Lot Size 10,454 Sqft
Property Description
This versatile property offers various configurations, with a maximum of 12 apartments. The largest unit includes 2 bedrooms, 1 bath, full basement access, and a 3.5 car garage. The remaining 11 units are mostly 1 or 2-room apartments. Originally a single-family home, the main unit could be expanded to include 2 additional bedrooms and a half bath, while still maintaining 8 rental units on the second floor and 1 rental unit on the first floor. The second floor includes 2 full bathrooms, and the attic can be easily renovated for additional living space. Perfect for investors seeking significant rental income potential. Current rental income could pay your mortgage and taxes. Grants and tax credits may be available for renovations on this National Register of Historic Places building.
Location
State WI
County Portage
Area Portage County
Zoning MULTI-FAMILY(5+UNITS)
Rooms
Basement Full, Stone
Interior
Interior Features Cable/Satellite Available
Heating Natural Gas
Cooling Hot Water/Steam
Inclusions refrigerators, stoves, furniture in rental rooms, security system
Building
Dwelling Type 3 Story
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
Elementary Schools Jefferson (Manitowoc)
School District Stevens Point Area
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