1700 MONROE AVENUE Active

Stevens Point,WI 54481

$ 395000

- Bed

- Bath

7358 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 7,358 sqft

Price per Sqft $53

Municipality STEVENS POINT

MLS Listing ID 22504058

Year Built 1900

Annual Tax Amount $4,002

Tax Year 2024

Lot Size 8,276 Sqft

Acres 0.19

Property Description

Rooming House licensed for 24 occupants. Historic ?old style rooming house? with 24 plus bedrooms, some with private bathroom, most have shared bathrooms and common kitchen area. Rubber roof and boiler replaced within the last 10 years. Windows and Siding updated in 2003. Huge building with over 7,000 square feet. Current rents are $400/month for a single room with heat, electric, sewer, water, and WIFI included. Property currently being managed by the ?Monroe House? providing transitional living for the community. The owner has done the same for the past 30 years with some periods of full occupancy. Fantastic income potential. Great opportunity for private investors, not-for profit organizations to provide affordable housing for the community.

Location

State WI

County Portage

Zoning Commercial

Interior

Heating Natural Gas

Cooling Hot Water,No Cooling

Exterior

Exterior Feature Vinyl,Stone,Brick/Stone

Roof Type Flat

Building

Dwelling Type Free Standing

Sewer Municipal Water

New Construction N

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