1616 Main St

Stevens Point WI 54481

1984 sq. ft.

Multi-Family

Last sold for $240,000

NATALIA ANESKAVICH, last sold this property on 09 December 2022 after -2 days on market.

Overview

Excellent WEALTH-BUILDING opportunity! This 8-bedroom, 2-bath student rental offers a PRIME LOCATION close to the UWSP campus and downtown. Property is licensed for 8 and has great cash flow with annual income of $27,053.50 for the current lease through May 2023, and an annual income of $27,090 for the new lease through May 2024! Main Level features a spacious kitchen with 2 refrigerators, coin-op washer and dryer located by the back entryway, full bath with stall shower, large living room with original hardwood floors, and 2 bedrooms. Upper Level features 6 additional bedrooms and a 2nd full bath with stall shower. There's plenty of extra storage space in the full basement and ample parking space for tenants out back. Per Seller, roof shingles were replaced in 2018 and new water heater was installed in 2016. Great rental history! Tenants are responsible for all utilities and snow removal. Some photos are from when the property was vacant. Schedule your showing today to make this investment the newest addition to your portfolio!

Features

8 bedrooms

2 bathrooms

1984 sq. ft. floor area

Multi-Family

Estimated Value

We need at least 3 similar 8 bedroom multi families sold in Stevens Point over the last 12 months.

Property history for 1616 Main St

2022

Sold

$240,000

09 Dec 2022 by NATALIA ANESKAVICH, of Lakeland Real Estate Llc

2018

Sold

$205,000

19 Jun 2018 by NOAH ESCHENBAUCH, of FIRST WEBER

2014

Sold

$182,500

08 Oct 2014 by MIKE YOKERS, of FIRST WEBER

Happy sellers in Stevens Point

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