1324-1368 S Main Street, Lake Mills, WI 53551 $7,500,000

1324-1368 S Main Street, Lake Mills BD: 0 BA: 2 $7,500,000 Active

  • Residential Income
  • Status: Active
  • County: Jefferson
  • 0 Full Bathrooms
  • 0 Half Bathrooms
  • Acreage: 2.5
  • Elementary School: Lake Mills
  • Middle School: Lake Mills
  • High School: Lake Mills
  • Property Taxes: $131,113
  • Property Tax Year: 2023
  • MLS#: 1974925
  • Listing Company: Bunbury & Assoc, Realtors
  • Zip Code: 53551
  • Number of Units: 23
  • Unit Type 1 Avg Rent: $2,200
  • Unit 1 Parking: 2 Car Garage
  • Unit 2 Parking: 2 Car Garage

1324-1368 S Main Street, Lake Mills, WI 53551 - Great investment opportunity - just recently completed 23 Luxury Townhouse multi-family units, built in the PERFECT location in a small town and conveniently located for one's working or playing. Only 30 minutes to downtown Madison and 55 minutes to downtown Milwaukee. Currently 21 of the 23 units or 91% are currently rented. Either for long term passive income or for the investor that wants a quick high return with selling each individual unit. Seller was approved by City of Lake Mills for final condo plat for individual home sales (seller will record condo plat prior to closing). Buildings are conjoined duplexes (5 4-unit buildings & 1 3-unit building). Property borders the Glacial Drumlin Trail, close proximity to schools, parks, golf course & downtown. Set up a private showing today!

Additional Features
  • None
  • Water Waste: Municipal sewer, Municipal water
  • Inclusions: 23 Stoves, 23 Microwaves, 23 Dishwashers, 23 Refrigerators, 23 Washers, & 23 Dryers
  • 2 story, Duplex-side by side, Townhouse style units
  • Construction Type: E
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1974925 Active Apr 15 2024 10:47AM $7,500,000 14

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