203-205 E Main Street, Marshall

$349,900

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0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

LOOKING FOR AN INVESTMENT PROPERTY? 3 UNIT MULTI FAMILY WITH EXCELLENT CURB APPEAL, LONG TERM TENANTS, AND SIGNIFICANT POSITIVE CASH FLOW FROM THE START! FULLY RENTED AT $2425 PER MONTH OR $29,100/ YEAR!. OLDER MULTI FAMILY BUILDING THAT SELLER HAS DONE SOME UPDATING TO INCLUDING NEW ROOF/WINDOWS/ 2 WATER SOFTENERS/2 WATER HEATERS AND SOME ELECTRICAL IMPROVEMENTS IN 2015. 2 NEW FURNACES IN 2017. 1 CAR GARAGE STALL PARKING PER UNIT WITH ADDITIONAL OFF STREET PARKING ONSITE. SEPARATE UTILITIES AND IN UNIT LAUNDRY FOR EACH UNIT. ALL OF THIS NESTLED ON A WATERFRONT LOT, CLOSE TO DOWNTOWN, SCHOOLS, EVEN LITTLE AMERRICKA FOR SUMMERTIME FUN.

RE/MAX Preferred, scott@scottelert.com.

Essential Information
Status Active
Detailed Status Active
Days on Market 68
MLS® # 1978883
Price $349,900
Type Multi Family
Assessed Value $219,900
Year Assesed 2023
Net Taxes $4,859
Tax Year 2023
Total Income $29,100
Total Expenses $7,713
Net OP Income $21,386
Utilities Separate water meters, Separate elec meters, Separate gas meters
Parking Per Unit 549,550,552,557
Exterior Vinyl, Aluminum, Wood
Community Information
Address 203-205 E Main Street
MLS® Area MARSHALL - V
City Marshall
County Dane
State WI
Zip Code 53559
School Information
District Marshall
Elementary Marshall
Middle Marshall
High Marshall
Property Overview
Efficiency Units 1
3 Bedroom Units 2
Total Units 3
# of Water Heaters 3
# of Water Softeners 3
Heat Fuel Natural Gas
# of Stoves 3
# of Refrigerators 3
# of Dishwashers 3
# of Washers 3
# of Dryers 3
Unit 1 Details
# of Bedrooms 3
# of Full Baths 1
Lease Expires 05/31/2025
Monthly Rent $700
Square Feet 1,450
Parking 1 Car Garage
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 1
# of Full Baths 1
Lease Expires 05/31/2025
Monthly Rent $675
Square Feet 525
Parking 1 Car Garage
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 3 Details
# of Bedrooms 4
# of Full Baths 1
Lease Expires 01/31/2025
Monthly Rent $1,050
Square Feet 1,450
Parking 1 Car Garage
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Additional Information
Zoning Residentia
Barrier Free First floor bedroom, First floor full bath, Level drive, Level lot
Short Sale No
REO / Bank Owned No
Property History
Price Reduced from $365,000 to $349,900
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DISCLAIMER: Information is supplied by seller and other third parties and has not been verified.The IDX information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data provided by the South Central Wisconsin MLS as of 08/14/2024.

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