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: null
  • 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!

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$3,287 per month

Home Valuation Report