Bought with Gavin Brothers Auctioneers LLC
$699,000
$699,000
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10,000 SqFt
SOLD DATE : 07/15/2025
Key Details
Sold Price $699,000
Property Type Commercial
Sub Type Apartment building
Listing Status Sold
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $69
MLS Listing ID 1994280
Sold Date 07/15/25
Year Built 1887
Annual Tax Amount $6,278
Tax Year 2024
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Apartment building
Property Description
10 unit apartment building in the City of New Lisbon. If you're an investor looking for not only a solid investment now, but also amazing growth potential in the future, then look no further! Currently 9 of these units have long term tenants; one unit is a "blank canvas" and needs to be completed. Potential of 3 bedrooms, so another $1100/month of cash flow upon completion. In most cases, tenants pay utilities. Beautiful asphalt driveway, off street parking. A great location with walking distance to downtown. This historic New Lisbon landmark offers excellent cash flow. All appliances included and also two laundry areas for added income. Schedule your private tour today!
Location
State WI
County Juneau
Area New Lisbon - C
Zoning Commercial
Direction Hwy 12/16 to New Lisbon, left on Pearl, apartment building on left.
Interior
Heating Window AC, Wall furnace
Cooling Window AC, Wall furnace
Exterior
Parking Features 11-20 spaces, Onsite
Roof Type Metal
Building
Story 2
Water Municipal water, Municipal sewer
Structure Type Brick
Others
SqFt Source Seller
Energy Description Natural gas,Electric
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