Great investment opportunity awaits! This 7 unit boarding house is perfectly situated close to downtown Ripon and Ripon college. The main floor has a shared kitchen and both levels have a full bath for convenience of the renters. Rooms are dorm sized and each have a sink. New water heater. Landlord pays for utilities. The massive 48x35 car garage is included with a brand new roof! Rents that were collected vary with each room. This property is being sold as is. This property is in a flood plain. Exterior is asphalt siding. GFA on main level and electric baseboard heat upstairs.
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Ripon is located in Wisconsin. Ripon, Wisconsin has a population of 7,784. Ripon is more family-centric than the surrounding county with 34.82% of the households containing married families with children. The county average for households married with children is 27.38%.
The median household income in Ripon, Wisconsin is $52,545. The median household income for the surrounding county is $66,390 compared to the national median of $69,021. The median age of people living in Ripon is 41.2 years.
The average high temperature in July is 81 degrees, with an average low temperature in January of 7.2 degrees. The average rainfall is approximately 32.7 inches per year, with 37.1 inches of snow per year.