WI > Wales
Wales, WI 53183,116 W Main STREET
Wales, WI 53183,116 W Main STREET
Wales, WI 53183,116 W Main STREET
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$520,000
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3,180 SqFt
Pending

116 W Main STREET Wales, WI 53183

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Justin Witkins

Justin Witkins

+1(608) 843-5663

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Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,180 sqft

Price per Sqft $163

MLS Listing ID 1905614

Year Built 1895

Annual Tax Amount $4,597

Tax Year 2024

Lot Size 6,534 Sqft

Acres 0.15

Property Description

Rare opportunity to own this well maintained four family in Wales. This well-maintained 4-family building features two 1-bedroom units and two 2-bedroom units, one of which includes an office space and a spacious loft above the 2-car garage. Generating $3,400/month with plenty room to increase has long-term, month-to-month tenants, this property offers steady income. No water bill thanks to a well, stamped as good in 2024. Recent updates include a 5-year old roof, 7-year old furnace, loft recently finished and three water heaters replaced in 2022. Solid foundation, clean building, and a prime location make this a fantastic addition to any portfolio! All electrical boxes and windows are newer.Building is zoned as non-conforming commercial B2. Will be re-zoned as residential in July.

Location

State WI

County Waukesha

Zoning RES

Rooms

Basement Full

Interior

Interior Features Water Softener

Heating Natural Gas

Cooling Forced Air, Hot Water/Steam

Inclusions 4 refrigerators, 4 oven/ranges

Exterior

Exterior Feature Aluminum/Steel, Aluminum, Partial-Aluminum, Vinyl

Parking Features Indoor Space

Building

Dwelling Type Apartment Building

Sewer Municipal Water, Private Septic System

New Construction N

Schools

Elementary Schools Wales

Middle Schools Kettle Moraine

High Schools Kettle Moraine

School District Kettle Moraine

Others

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Listing Terms Exchange

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Listed by reThought Real Estate

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agent

Justin Witkins

Team Leader

+1(608) 843-5663

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116 W Main STREET