0 615th Avenue,Elk Mound, WI 54739
Elk Mound, WI 54739
Description
Rare multifamily investment and development opportunity in Elk Mound! This expansive property offers 9 duplex buildings totaling 18 units, a vacant lot, and additional land, creating a unique opportunity for investors, developers, or owners looking to expand their rental portfolio. Each unit offers approximately 1,480 square feet with 3 bedrooms and 2 bathrooms, providing spacious and functional living arrangements.The townhome-style units feature modern finishes including LVT flooring throughout the main living areas, carpeted bedrooms, upgraded kitchen cabinetry, quartz countertops, and stainless steel appliances. Each unit includes a stove, refrigerator, dishwasher, microwave, washer, and dryer. Additional features include gas forced-air heating, central air conditioning, and individual electric water heaters.Each unit offers private exterior access as well as convenient access from the garage. The buildings feature attractive vinyl siding and stone veneer exteriors with asphalt-shingle roofs, creating a clean, modern appearance with low-maintenance appeal.With 18 existing 3-bedroom, 2-bathroom units plus a vacant lot and additional land, this property offers an exceptional combination of existing rental housing and future potential. A unique opportunity to acquire a substantial multifamily portfolio with newer construction, desirable finishes, attached garage access, and additional land for future possibilities.
Details
| MLS # | 7143165 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2022 |
| Days On Site | 20 |
| Listing Provided By | Chippewa Valley Real Estate, L | Wendy Heffernan |
Features
| Bed(s) | 54 |
|---|---|
| Bath(s) | 36 |
| SQ Feet | 2,960 |
| Garage | 2 |
| Car Port | Yes |
| Story(s) | 1 |
| Units | 18 |
| Zoning | Lot,Residential-Multi-Family |
| Acreage | 22.21 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Forced Air |
| Appliances | Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Washer |
Exterior
| Roof | Age 8 Years or Less, Asphalt |
|---|---|
| Construction Materials | Frame |
Parking
| Parking Features | Attached Garage |
|---|
Utilities
| Utilities | Electric Separate, Heating Separate, Hot Water Separate |
|---|
Area Information
| State | WI |
|---|---|
| County | Dunn |
| City | Elk Mound |
| Zip Code | 54739 |
| Community Name | Meadows Edge Apartments |
| School District | 1645 |
| High School | Elk Mound Area |
| Listing VS Median (in Meadows Edge Apartments) | |
Price: $4,495,000 low | high Med: $4,495,000 sqft: 2,960 low | high Med: 2,960 $ / sqft: $1,519 low | high Med: $1,519 On site: 20 low | high Med: 20 | |
Market Activity 54739
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | WI |
|---|---|
| County | Dunn |
| City | Elk Mound |
| Zip Code | 54739 |
| Community Name | Meadows Edge Apartments |
| School District | 1645 |
| High School | Elk Mound Area |
| Listing VS Median (in Meadows Edge Apartments) | |
Price: $4,495,000 low | high Med: $4,495,000 sqft: 2,960 low | high Med: 2,960 $ / sqft: $1,519 low | high Med: $1,519 On site: 20 low | high Med: 20 | |