Source:
Wisconsin Real Estate Exchange (WIREX)
MLS#715810975700
About the Property
Exceptional mixed-use investment opportunity in the heart of historic Mineral Point. This income-producing property features six fully leased residential apartments generating over $73,800 in annual gross income, plus an established commercial tenant and eight additional office suites offering significant upside through future leasing or reconfiguration. A lower-level garden suite provides additio
Exceptional mixed-use investment opportunity in the heart of historic Mineral Point. This income-producing property features six fully leased residential apartments generating over $73,800 in annual gross income, plus an established commercial tenant and eight additional office suites offering significant upside through future leasing or reconfiguration. A lower-level garden suite provides additional value-add potential for residential or commercial use. Numerous capital improvements have already been completed, including tuckpointing, structural reinforcements, updated electrical, newer roof, and new deck and stairs, minimizing near-term capital expenses. Located on a high-visibility corner in downtown Mineral Point, this property offers immediate cash flow with excellent long-term appreciation and income growth potential. A rare opportunity for investors seeking a stabilized asset with value-add potential in a thriving historic community.
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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