For Sale: New Richmond MLS# 6681628
Active
$1,950,000
Commercial: Duplex Side by Side
Built 2009
0.18 acres
New Richmond schools
MLS# 6681628
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Property Description
What a great investment opportunity to own multiple town home units in an excellent location in New Richmond, WI, one of the fastest growing communities in Wisconsin. These units are close to schools, parks, shopping, and on the west side with easy commuting access. 8 town home units, consisting of 4 (side by side) buildings. Each unit is approximately 1, 404 FSF with 3 bedrooms, 2 bathrooms, and a 2-car attached garage. Each unit has a primary bedroom with private 3/4 bath. Each unit has oak millwork and cabinetry. If you are looking for an investment or to build your rental portfolio, look no further. Opportunities like this do not come along too often.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,950,000
Property Type:
Commercial
City:
New Richmond
Garage Spaces:
2
County:
St. Croix
Year Built:
2009
State:
WI
Property Style:
Duplex Side by Side
Zip Code:
54017
Subdivision Name:
Evergreen Vly 03
Interior
Ceiling Height:
8-10
Ranges:
Six or More
Refrigerators:
Six or More
Appliances Included:
- Cooktop
- Dishwasher
- Dryer
- Range
- Refrigerator
- Washer
Basement Details:
Slab
Exterior
Stories:
One
Garage Spaces:
2
Other Parking Spaces:
4
Air Conditioning:
Central Air
Foundation Size:
2,808 ft2
Handicap Accessible:
No Stairs External, No Stairs Internal
Heating System:
Forced Air
Parking Features:
- Attached Garage
- Concrete
Shared Amenities:
None
Unit Amenities:
- Ceiling Fan(s)
- In-Ground Sprinkler
- Natural Woodwork
- Patio
- Vaulted Ceiling(s)
- Walk-In Closet
- Washer/Dryer Hookup
Road Frontage:
- City Street
- County Road
Exterior Material:
- Metal Siding
- Vinyl Siding
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.18
Geolocation:
45.100575, -92.555425
Inclusions:
Building, Fixture/Equipment, Leases
Lot Dimensions:
00 x 00
Addl Parcels:
261130000235, 261130000229
Zoning:
Residential-Single Family
Farm
Topography:
Level
Schools
School District:
3962
District Phone:
715-243-7411
Expenses
Annual Insurance Expense:
$6,500
Annual Maintenance Expense:
$2,100
Annual Gross Expense:
$48,300
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$29,992
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$29,992
Income
Annual Gross Income:
$143,100
Rent
Annual Net Income:
$90,498
Units
Total Units:
8
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.