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
Municipality RIO
Subdivision Buchanan'S Add
MLS Listing ID 2001053
Year Built 1902
Annual Tax Amount $5,600
Tax Year 2024
Lot Size 0.300 Acres
Acres 0.3
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
Rooms
Basement Full
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
Exterior Feature Brick,Stone
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
New Construction N
Schools
Elementary Schools Rio
Middle Schools Rio
High Schools Rio
School District Rio