219 Lincoln Avenue Active Save Request In-Person Tour Request Virtual Tour
Rio,WI 53960
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Buchanan'S Add
MLS Listing ID 2001053
Year Built 1902
Annual Tax Amount $5,600
Tax Year 2024
Lot Size 0.300 Acres
Property Description
CASH-FLOWING 4-UNIT in Rio, - Just 10 mins from New ABS Facility. This grand brick 4-init apart bldg is a turnkey investment with opportunity with strong upside potential. 3 of the 4 units have been beautifully renovated & all are constantly rented.Unit sizes are generous: #1 1500 sf, #2 & 3 2500 sf each, efficiency is 400 sf with 1200 sf of addtl space that could be renovated into living space. In-unit Washer/dryers, #3 has large covered balcony, newer thermopane windows thoroughout, new rubber roof 2018, mansard singles 2000(front), appliances & hot water htrs(2020-2025), workout room, LL workshop & large storage area, detached 2 car gar.Rents are currently under market, offering immediate value-add potential. Just 20 minutes to Sun Prairie or Beaver Dam. Measurements are approx.
Location
State WI
County Columbia
Zoning commercial
Interior
Heating Natural Gas
Cooling Forced Air
Inclusions 4 stoves/ovens, 4 refrigerators, 2 dishwashers, 4 washers, 4 dryers, 4 hot water heaters, 3 furnaces, 1 garage door opener
Exterior
Parking Features Detached
Building
Dwelling Type Apartment Building,3+ Story,2 Flat Up and Down
Story 3 - 4,1 - 2
Sewer Municipal Water,Municipal Sewer
Structure Type Brick,Stone
New Construction N
Schools
Elementary Schools Rio
Middle Schools Rio
High Schools Rio
School District Rio