956 Main St

Stevens Point WI 54481

7500 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Incredible opportunity to own a piece of history in Downtown Stevens Point. This mixed-use investment property boasts timeless character, modern functionality, and phenomenal rental history. The property features three main floor commercial suites along Main St and five residential second-floor units. With staple businesses consisting of Polito's Pizza, Icon Entertainment Venue, and Agora Makers Market step into ownership knowing commercial tenancy will remain a constant. The residential units offer between four and six bedrooms and have all been updated in the last few years with fresh finishes, appliances, and a shared laundry room. The commercial suites have access to the basement of the building for additional storage and use. With rents totaling $164,347 and expenses around than 15% the DSCR is approximately 1.4 and the Cap Rate is 10.0. Call today to request additional information and add this property to your investment property to your portfolio!,This information is compiled from miscellaneous sources and is believed accurate but not warranted. Neither the listing broker nor its agents, subagents or property owner are responsible for the accuracy of the information. Buyers are advised to verify all information.

Features

20 bedrooms

5 bathrooms

7500 sq. ft. floor area

Multi-Family

Property history for 956 Main St

2018

Sold

$159,000

30 Jul 2018 by MK Real Estate Team

2017

Sold

$450,000

29 Oct 2017 by MIKE YOKERS

Happy sellers in Stevens Point

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