Bought with Adam Drossart • Premier Legacy Realty, LLC
$155,000
$147,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
238 S MAIN ST Mishicot, WI 54228
7 Beds
3 Baths
3,113 SqFt
Key Details
Sold Price $155,000
Property Type Multi-Family
Sub Type Multifamily
Listing Status Sold
Purchase Type For Sale
Square Footage 3,113 sqft
Price per Sqft $49
Municipality Village of Mishicot
MLS Listing ID 50278992
Sold Date 09/08/23
Bedrooms 7
Year Built 1923
Annual Tax Amount $1,756
Lot Size 0.740 Acres
Acres 0.74
Property Sub-Type Multifamily
Source ranw
Property Description
Investment - 1% rule? This is 1 1/2%! Lower has a new kitchen - it's a really nice unit! The seller was going to update the other two kitchens when the tenants move out but all 3 tenants have been in the units for well over a year with no indication of leaving. All tenants passed a complete background check. The rents have not gone up since they moved in. Mo to Mo leases. Everything fresh paint and new floor. Several new appliances, water heater, sinks, faucets, toilets, light fixtures. Utilities are separately metered. There are 3 separate washer dryer hookups in the basement. The seller did not supply washer dryer. There is a storage shed in the back yard. One tenant does all of the grass and snow removal for a $50 per month discount on rent. Electrical all brought up to code.
Location
State WI
County Manitowoc
Zoning Multi-Family(3Units),Residential
Interior
Heating Central
Exterior
Parking Features Outside
Building
Foundation Stone
Sewer Municipal Sewer Near
Water Municipal/City
Structure Type Wood/Wood Shake/Cedar
Schools
School District Mishicot
Others
Special Listing Condition Arms Length
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Copyright 2025 REALTORS Association of Northeast WI MLS, Inc. All Rights Reserved. Data Source: RANW MLS