Bought with Justin E Dobson
$475,000
$475,000
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209 S Main Street Cottage Grove, WI 53527
5,662 Sqft Lot
Key Details
Sold Price $475,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality COTTAGE GROVE
MLS Listing ID 1995914
Sold Date 05/14/25
Year Built 1900
Annual Tax Amount $5,789
Tax Year 2023
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Fantastic opportunity for investors! This 4-unit building is in a great location directly across the street from a coffee shop and 1855 Saloon & Gill. The building features two beautifully remodeled units (213 & 215). Two bedroom units (209 and 211) have long term tenants and provide the new owner the opportunity to rehab and dramatically increase income if desired. Income with future singed leases and renewals is $50,100. See rent breakdown in associated docs. Parking in back is accessible from Clark St. Tenants in unit 213 are flexible and the apartment could accommodate an owner occupant.
Location
State WI
County Dane
Zoning TR-8
Rooms
Basement Partial
Interior
Heating Electric
Cooling Radiant/Electric
Exterior
Exterior Feature Vinyl
Utilities Available Separate Electric Meters
Building
Story 1 - 2
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
Elementary Schools Cottage Grove
High Schools Monona Grove
School District Monona Grove
Others
Acceptable Financing Exchange
Listing Terms Exchange
Special Listing Condition Arms Length
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