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$575,000
Favorite
8
half baths

623 Vine St

Wisconsin Dells, Wisconsin 53965
Closed / MLS #1665816 / Multiple Unit (2-4) / Wisconsin Dells
Listing information updated 8/25/2020 at 10:41am
Well maintained 8-unit multifamily. All 2 bed/1 bath units. 2 vacant units both w/new carpet, paint & some appliances. Rent is low, but market is $850+/unit/mo & new lease has established that - building above par for market rent. Tenants pay heat & separate electric. Newer roof on building, coin-op laundry, & new windows in 2 units. 7 parking spaces off-street. Walk downtown, 2 blocks off Broadway. Dry, solid block basement w/locking storage units. Good AirBnB potential for boosted income. Financials & pro forma at market rent & full occupancy w/5% vacancy factor, professional management & historical actual expenses. See documents for rent roll, expenses and pro forma. 1031 transaction for Seller. Separate 40 gallon water heaters. 7.9% cap rate at market rent.

Full Features

Exterior Type:
Brick,Wood
Basement:
None
Heating System:
Electric, Other
Pool:
No
Age:
50 Years
Roof Type:
Composition
Parking Type:
0 space(s) inside,7 space(s) outside
Water Front:
No
Square Feet:
N/A
Lot Size:
0.24 acres
Acreage:
0.24

Taxes & Assessments

Tax Amount:
$6,635
Tax Year:
2018
Assessments:
$8

Location

Zip Code:
53965
City:
Wisconsin Dells
County:
Columbia

Schools

Elementary School:
N/A
Middle School:
Spring Hill
High School:
Wisconsin Dells

Listing Office: Keller Williams Realty-Milwaukee North Shore

Listing Office Phone: 414.517.7716

Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of Metro MLS. Copyright 2024 Multiple Listing Service, Inc. - All Rights Reserved. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

$199,496
Average Sale Price
75
Average Days On The Market
93%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 623 Vine St, Wisconsin Dells, WI 53965

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623 Vine St is a multiple unit (2-4) which sold for $575,000. This multiple unit (2-4) has been listed on @properties since October 29th, 2019 and was built in 1970. Nearby schools include Spring Hill and Wisconsin Dells.

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