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105 W 3rd Avenue
- Osceola Twp, WI 54020
Description of 105 W 3rd Avenue, Osceola Twp, WI 54020 - $1,175,000
ONCE IN A LIFETIME OPPORTUNITY TO OWN THIS FIRE-PROOF BUILT HISTORIC 20-UNIT BUILDING! ONCE THE HOTEL OSCEOLA, NOW A RENOVATED MARKET RATE APARTMENT COMPLEX. CURRENT AVERAGE IN PLACE RENTS OF $662 W/ HUGE POTENTIAL TO INCREASE RENTS TO MARKET $775 PER UNIT. STEAM BOILER WAS REPLACED IN 2009, HALF OF THE WINDOWS REPLACED IN 2010. 12 OF THE 20 UNITS HAVE BEEN RENOVATED TO MARKET STANDARDS. TWO OF THE REMAINING EIGHT APTS. NOT RENOVATED ARE GOING THROUGH A COMPLETE DEMO/RENOVATION SET TO BE COMPLETED BEFORE A POTENTIAL CLOSING IN EALRY SPRING. SELLER'S MOTIVATION IN SELLING IS A 1031 TAX EXCHANGE. SEE MARKETING PACKET FOR MORE DETAILS. NEW ROOF 2020 AND PARKING LOT RESURFACES 2020.
Essential Information
- MLS® #5347121
- Price$1,175,000
- Acres0.00
- Year Built1917
- TypeCommercial Sale
- Sub-TypeMixed Use
- StyleMixed Use
- StatusActive
Interior
- AppliancesRange,Refrigerator
- HeatingSteam
- CoolingWindow Unit(s)
Community Information
- Address105 W 3rd Avenue
- CityOsceola Twp
- CountyPolk
- StateWI
- Zip Code54020
Exterior
- RoofFlat,Age 8 Years or Less
- ConstructionStucco,Brick/Stone
Amenities
- AmenitiesCoin-op Laundry Owned,Security
- GaragesPaved
Additional Information
- Days on Market319
- ZoningResidential-Multi-Family
Listing Office
Keller Williams Rlty Integrity*
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Listing information last updated on October 24th, 2020 at 4:20am CDT.