2301-2303 ILLINOIS AVENUE Stevens Point WI 54481
    $ 216,900.00

    • MLS #: 22205902
    • Date added: 03/09/23
    • Post Updated: 2023-03-14 10:19:13
    • Type:
    • Status:
    • Lot Size: 50x158
    • Year built: 1982

    Description

    Looking to reduce your monthly housing cost or earn rental income every month? CALL US! Outstanding Bi-level DUPLEX…WELL MAINTAINED, UPDATED INTERIOR in a CENTRAL LOCATION!!! Main entry door is located on the south side of the building and provides access to both units. Upper/lower style. Each unit has 768 sqft of open concept living, 2 spacious bedrooms, 1 bath, 1-stall attached private garage plus on-site, shared laundry located in the common area. Large back yard is shared by both units and accessible from the ALLEY. Seller represents the possibility for future addition of a garage/storage building from alley. Seller further represents: New garage doors will be installed prior to closing, roof shingles approx. 15yr old, furnaces approx. 10yr old. Landlord owns: Range, refrigerator, wall A/C unit, furnace & water heater located in each unit plus one washer & one dryer in common area. Both units have long-term tenants currently on mo-to-mo leases. Current tenants are paying $600/mo U – $500/mo lower. Tenants & landlord each pay 1/3 of shared utilities. Tenants are responsible for snow removal. Landlord is responsible for lawn care.Coin-op laundry generates approx. $30/mo. Current rents are low and have not been raised for years. Both tenants have indicated they will be vacating when they were informed the property was being sold. Excellent opportunity to live for less and build equity fast!!! Take a look and Owner occupy or lease both units. Either way, it’s a fantastic investment and wealth building opportunity!

    Rooms&Units Description

    • Number of Units: 2
    • Unit 1 Rm: 5
    • Unit 1 Bd: 2
    • Unit 1 Bth: 1
    • Unit 1 Ht Av: Y
    • Unit 1 A/C: Y
    • Unit 1 Ref/Rg: Y
    • Unit 1 Dep: Y
    • Unit 1 Rent: $600
    • Unit 1 Lease: N
    • Unit 1 Sq Ft: 768
    • Unit 2 Rm: 5
    • Unit 2 Bd: 2
    • Unit 2 Bth: 1
    • Unit 2 Ht Av: Y
    • Unit 2 A/C: Y
    • Unit 2 Ref/Rg: Y
    • Unit 2 Dep: Y
    • Unit 2 Rent: $500
    • Unit 2 Lease: N
    • Unit 2 Sq Ft: 768
    • Util Rm: Y

    Location Details

    • Municipality: Stevens Point, City of
    • County: Portage County
    • Directions: Just S of Madison St.
    • Area Desc: Stevens Point
    • ZONING: Multi-Family

    Property Details

    • Below Grade Fin Sq Ft: 768
    • Above Grade Fin Sq Ft: 768
    • CONSTRUCTION: Metal,Aluminum
    • Acreage: .18
    • Sale/Rent: For Sale
    • Age: 41
    • Home Warranty Included: No
    • OCCUPANCY: 31 - 45 Days
    • Present Use: Rental

    Property Features

    • APPLIANCES: Refrigerator,Range,Washer,Dryer
    • INTERIOR: Ceiling Fan(s),Smoke Detector,Garage Door Opener,Cable Hookup,Window Treatments,Carpet,Laminate
    • Style: Bi-Level
    • ROOF: Shingle
    • BASEMENT: Finished,Laundry Facilities
    • Basement: Yes
    • HEAT TYPE: Forced Air,Baseboard
    • FUEL TYPE: Electric,Natural Gas
    • COOLING: Wall/Sleeve Air
    • GAS: Master Meter
    • ELECTRICITY: Master Meter
    • Parking: 1 Space,2 Space
    • GARAGE TYPE: Attached
    • Garage Capacity: 2
    • Utilities - Water: Y
    • WATER: Meter (s)
    • WATER HEATER: Natural Gas
    • Waterfront: No
    • UTILITY/LAUNDRY: Available On Site,Coin-Op Dryer,Coin-Op Washer,Common Laundry Area
    • Sewer/Water: Pb Sewer/Pb Water
    • Utilities - Sep Ht: N
    • Utilities-Heat Included: Y
    • Utilities - Sep Elec: Y
    • Utilities - Elec Included: Y
    • Utilities- Water Included: Y
    • Utilites - Sewer Included: Y
    • Utilities - Sewer: Y

    Features

    Amenities:
    • Smoke Detectors

    Fees&Taxes

    • Tax Amount: $ 0.00
    • Tax Year: 2022

    Miscellaneous

    • Electronic Consent: Yes
    • Poss: Closing

    Courtesy of

    • Office Name: KELLER WILLIAMS STEVENS POINT