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Value add 7 Unit Apartment Complex in Linden WI, 601 Main Street, Linden, WI 53553
Value add 7 Unit Apartment Complex in Linden WI, 601 Main Street, Linden, WI 53553
Value add 7 Unit Apartment Complex in Linden WI, 601 Main Street, Linden, WI 53553
Value add 7 Unit Apartment Complex in Linden WI, 601 Main Street, Linden, WI 53553
Value add 7 Unit Apartment Complex in Linden WI, 601 Main Street, Linden, WI 53553
Value add 7 Unit Apartment Complex in Linden WI, 601 Main Street, Linden, WI 53553
Value add 7 Unit Apartment Complex in Linden WI, 601 Main Street, Linden, WI 53553
Value add 7 Unit Apartment Complex in Linden WI, 601 Main Street, Linden, WI 53553
Value add 7 Unit Apartment Complex in Linden WI, 601 Main Street, Linden, WI 53553
Value add 7 Unit Apartment Complex in Linden WI, 601 Main Street, Linden, WI 53553
Value add 7 Unit Apartment Complex in Linden WI, 601 Main Street, Linden, WI 53553
Value add 7 Unit Apartment Complex in Linden WI, 601 Main Street, Linden, WI 53553
Value add 7 Unit Apartment Complex in Linden WI, 601 Main Street, Linden, WI 53553
Value add 7 Unit Apartment Complex in Linden WI, 601 Main Street, Linden, WI 53553

Value Add 7 Unit Apartment Complex In Linden Wi 601 Main Street, Linden, WI 53553

Availability: for sale
Property Type: Multi-Family
Year Built: 1890
Building Class: C
Building Size: 3,500 SF
Land Size: 0.19  Ac
Price: $295,000
Zoning: Commercial
Justin Witkins
Justin Witkins Justin.Witkins@remax.net
Joseph Voell
Joseph Voell joevoell@remax.net (608) 234-7208

Property Description

Value add 7 Unit Apartment Complex in the Village of Linden, WI. A nice mix of 2 bd/1bth, 1 bd/1bth, and efficiency/1bth apartments. Sometimes opportunity comes dressed in overalls and requires a tool box! Older brick building that has been converted into an apartment complex awaits its next investor. Current Rents are significantly lower than the average rent in neighboring municipalities. Prime location on Main Street offers potential redevelopment of the space or possible conversion back into retail space. Original hardwood floors and woodwork in many of the apartments. All units have separate electric meters and separate water heaters. Off street parking makes this an attractive option. AS-IS SALE, Priced to Move!

Full Address: 601 Main Street, Linden, WI 53553

Listing Type: FOR SALE

Status: Active

Building Class: C

Zoning: Commercial

Region: M-EN 

County: Iowa County

Use Type: Multi Family Res

Property ID: 4075682

Amenities

Has Sewer: Yes

Has Water: Yes

Has Electric: Yes

Has Waste: Yes

Has Gas: Yes

Building Sf: 3500

Parcel Num: 146-0258

Number Units: 7

Number Buildings: 1

Year Built: 1890

Free Standing: Yes

Tenancy Type: Multi-Tenant

Mixes

Average Monthly Rent - 2bd 1 bath: 600

Average Monthly Rent - 1bd 1 bath: 450

Average Monthly Rent - 1 bd 1 bath: 350

Average Monthly Rent - 1 bd 1 bath: 200

Average Monthly Rent - 1 bd 1 bath: 425

Average Monthly Rent - Efficiency 1 full bath: 350

Financial

Cash Flow Type: Actual

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