1324-1368 S Main Street, Lake Mills, WI 53551
BD: 0
BA: 2
$7,500,000
Active

1324-1368 S Main Street, Lake Mills, WI 53551

$7,500,000

$7,500,000

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Features

  • Residential Income
  • Status: Active
  • County: Jefferson
  • 0 Full Bathrooms
  • 0 Half Bathrooms
  • Acreage: 2.5
  • Elementary School: Lake Mills
  • Middle School: Lake Mills
  • High School: Lake Mills
  • Property Taxes: $79,919
  • Property Tax Year: 2023
  • MLS#: 1974925
  • Listing Company: Bunbury & Assoc, Realtors
  • Zip Code: 53551
  • Number of Units: 23
  • Unit Type 1 Avg Rent: $2,200
  • Unit 1 Parking: 2 Car Garage
  • Unit 2 Parking: 2 Car Garage

Property Description

1324-1368 S Main Street, Lake Mills, WI 53551 - Great investment opportunity - just recently completed 23 Luxury Townhouse multi-family units, built in the PERFECT location in a small town and conveniently located for one's working or playing. Only 30 minutes to downtown Madison and 55 minutes to downtown Milwaukee. Currently 22 of the 23 units or 95% are currently rented. Either for long term passive income or for the investor that wants a quick high return with selling each individual unit. Seller was approved by City of Lake Mills for final condo plat for individual home sales (seller will record condo plat prior to closing). Buildings are conjoined duplexes (5 4-unit buildings & 1 3-unit building). Property borders the Glacial Drumlin Trl, close proximity to schools. Seller assist in terms of finance. Set up a private showing today!

  • Additional features

    Basement

    • None

    Interior Features

    • Water Waste: Municipal sewer, Municipal water
    • Inclusions: 23 Stoves, 23 Microwaves, 23 Dishwashers, 23 Refrigerators, 23 Washers, & 23 Dryers

    Building and Construction

    • 2 story, Duplex-side by side, Townhouse style units
    • Construction Type: E

    Land Features

    • Waterfront/Access: N
  • Property History
    MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
    1974925 Active Apr 15 2024 10:47AM $7,500,000 42

Buyer understands that the information which is contained on Data pages is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. REALTOR *MLS* Equal Housing Opportunity

Home Valuation Report