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Listed by PETER HARRIS • FIRST WEBER
$ 395,000
Est. payment /mo
Active
1700 MONROE AVENUE Stevens Point, WI 54481
7,358 SqFt
UPDATED:
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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