$2,100,000
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4750 8TH STREET SOUTH Wisconsin Rapids, WI 54494
Multi-Family
Residence
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Welcome to this exceptional property, now generating a substantial gross potential income of $21,000 per month! The current owner has transitioned the property to long-term rentals, managing it like a traditional apartment complex to ensure consistent and reliable income. The property features a ve...rsatile unit breakdown to cater to various tenant needs: one spacious 3-bedroom apartment, sixteen kitchenette units, two kitchenette suites, and eleven traditional motel units. Significant updates have been made throughout, including new furnishings, water heaters, windows, and upgraded insulation. High-speed WiFi services all units, and many feature updated flooring for added comfort. Enjoy the convenience of keyless door access in most units. Located on a highly trafficked corner, this property boasts high visibility and easy access to food and shopping, making it a prime choice for tenants. The outdoor pool adds a touch of luxury and relaxation. This property offers a blend of modern amenities and a convenient location, making it a valuable investment opportunity.
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Source MLS
Wisconsin Real Estate Exchange (WIREX)
Originating MLS
WIREX_CWBR
MLS#
WIREX_CWBR22402979
Property Type
Multi-Family
Stories
1.0
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