Source:
Wisconsin Real Estate Exchange (WIREX)
MLS#716924024100
À propos de la propriété
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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 M
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.
IDX information is provided exclusively for consumers’ personal non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed by the MLS.
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