Description

12 units for sale located in the Village of Marathon. This listing consists of a house, 7 unit apartment building, and a 4 unit apartment building. This listing includes 2 property parcels. The house is two story, consisting of 2 bedrooms and 1 bathroom. It is 1,092 SQFt, with a natural gas furnace, and tenants pay their own utilities. Tenants own washer and dryer. Rented for $1,100 per month. The siding has been done in previous years along with the roof and windows being replaced. The 7 unit has been remodeled in 6 out of the 7 units. The make consists of 5, 2 bedroom units and 2, 1 bedroom units. All have one bathroom. This property is currently generating $3,050 per month in rent, and there are 3, 2 bedroom units that have been remodeled and are ready to be rented out. Total building square footage is 5,280. Tenants pay their own electric. Landlord pays for heat, water, and trash utilities. Coin op laundry available in the basement with access given to tenants at 600 and 608 main st. New roof, windows, and exterior doors installed around 2021. A new boiler was installed in 2021 as well, however it may be a little older in age. It is a high efficiency boiler. The 4 unit is rented on an oral lease for $525 per month. Tenants pay their own electric. This property could use a full remodel, and could possibly be converted from a 4 unit to a duplex. The building has 1,896 finished square feet. All 4 units are 2 bedroom 1 bathroom units with two of them being in the basement and gutted to the studs. There are a number of different routes and ways you can get creative with this building! Seller is unsure as to the exact year built on all of these properties. The properties cannot be sold separately and must all be sold together. Property is priced knowing that there are projects to do still and for a quick sale. Seller holds an active real estate license in the State of Wisconsin and is the listing agent of this property.