Courtesy: eXp Realty LLC
Fantastic opportunity to own two apartments totaling 32 units in pristine condition. Incredibly well-kept and managed properties. (16) 1BR units, (14) 2BR units, (2) 3BR units, 23 garages rented at $65/garage. 6 coin-op washers and dryers. Four of the 2BRs have private laundry rooms. New water heater in 1022 in 2021. New roofs on 1021 and 1021 garages. 2023 NOI shows 7-Cap rate. Property rents low compared to competitor rentals in market, great value-add! Property is literally turnkey and ready to operate!
Courtesy: VIP Realty
608-374-4790
MOTIVATED SELLER! The income definitely supports the asking price. Christi's Place Resale shop has 2 bathrooms and pays $1000 per month plus the electric, natural gas and water for both sides. The other side pays $600 per month. The back garage has the potential of $600 per month plus water, electric, and natural gas (no hot water). The upstairs is 7 sleeping rooms plus common areas of 3 bathrooms, 2 showers, kitchen area and living area. Rents are $400/3 at $500/$550/$600 and $650. The owner pays all utilities. All are month to month. Rent totals approximately $6000 per month when fully occupied. The rubber roof on the main building was installed last fall and has a 20 year warranty. Lots of other updates were recently completed as well. Great location Tomah's main artery!
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Tomah is located in Wisconsin. Tomah, Wisconsin has a population of 9,347. Tomah is more family-centric than the surrounding county with 32.94% of the households containing married families with children. The county average for households married with children is 31.26%.
The median household income in Tomah, Wisconsin is $45,876. The median household income for the surrounding county is $56,479 compared to the national median of $57,652. The median age of people living in Tomah is 35.7 years.
The average high temperature in July is 80.9 degrees, with an average low temperature in January of 5.4 degrees. The average rainfall is approximately 34.1 inches per year, with 46.9 inches of snow per year.
