116 W Main STREET Pending Save Request In-Person Tour Request Virtual Tour
Wales,WI 53183
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 3,180 sqft
Price per Sqft $163
MLS Listing ID 1905614
Year Built 1895
Annual Tax Amount $4,597
Tax Year 2024
Lot Size 6,534 Sqft
Property Description
Rare opportunity to own this well maintained four family in Wales. This well-maintained 4-family building features two 1-bedroom units and two 2-bedroom units, one of which includes an office space and a spacious loft above the 2-car garage. Generating $3,400/month with plenty room to increase has long-term, month-to-month tenants, this property offers steady income. No water bill thanks to a well, stamped as good in 2024. Recent updates include a 5-year old roof, 7-year old furnace, loft recently finished and three water heaters replaced in 2022. Solid foundation, clean building, and a prime location make this a fantastic addition to any portfolio! All electrical boxes and windows are newer.Building is zoned as non-conforming commercial B2. Will be re-zoned as residential in July.
Location
State WI
County Waukesha
Zoning RES
Interior
Heating Natural Gas
Cooling Forced Air,Hot Water/Steam
Inclusions 4 refrigerators, 4 oven/ranges
Exterior
Exterior Feature Aluminum/Steel,Aluminum,Partial-Aluminum,Vinyl
Parking Features Indoor Space
Building
Dwelling Type Apartment Building
Sewer Municipal Water,Private Septic System
New Construction N
Schools
Elementary Schools Wales
Middle Schools Kettle Moraine
High Schools Kettle Moraine
School District Kettle Moraine
Others
Acceptable Financing Exchange
Listing Terms Exchange