307 NOVAK STREET Mosinee WI 54455
Commercial/Industrial
$ 474,900.00
- MLS #: 22235030
- Date added: 11/02/23
- Post Updated: 2023-11-02 18:38:07
- Type: Real Estate For Sale
- Status: Active
- Area: 5462 sq ft
- Year built: 2000
Description
Rare opportunity for a great mixed use property in Mosinee! Consisting of 4 residential rental units and 15 storage units, current annual income totals $49,020 with opportunities for increases. Two of the residential units have been fully updated, including new cabinets, countertops, flooring, vanities, drywall, trim and fixtures. The two non-updated residential units are currently month to month, allowing flexibility to continue at current rents or update to boost income and property value. The storage units consist of 12’x22′ (6), 12’x8′ (6), 12’x30′ (2), and 11’x11′ (1). All units metered separately for gas and electric. Units 311, 313, and 315 currently share a water meter, and unit 309 has its own water meter. This is a fantastic opportunity with some great value add potential. Don’t miss out!
Location Details
- Municipality: Mosinee, City of
- County: Marathon County
- Directions: From 153 S on Novak, on R
- Area Desc: Wausau
- LOCATION: Residential Area
Property Details
- CONSTRUCTION: Vinyl,Wood,Concrete Block
- Building Sq Ft: 5001-10000
- Land Sq Ft: 20001-50000
- Sale/Rent: For Sale
- Annual Rent: 49,020
- LEASE TYPE: Mixed Lease Types
- Age: 23
- POSSIBLE USE: Mixed Use,Other,Mini Self Storage
- Present Use: Other
Property Features
- ROOF: Shingle
- HEAT TYPE: Forced Air
- FUEL TYPE: Natural Gas
- COOLING: Wall
- Parking: Common,Paved
- WATER/WASTE: Municipal Sewer,Municipal Water
Fees&Taxes
- Tax Amount: $ 3.00
- Tax Year: 2022
Miscellaneous
- MISCELLANEOUS: Utility Separate Meter,Inside Storage,Outside Storage
- Total Income: 49,020
- SALE INCLUDES: Lease(s)
- TENANT PAYS: Heat,Air Conditioning,Electric,Water,Sewer
Courtesy of
- Office Name: KPR BROKERS, LLC
- Contact: Cell: 715-598-6367