315 East Oak Street, Edgar, WI 54426 $544,900

315 East Oak Street, Edgar 8 Units $544,900 Active

  • Multi-Family
  • Status: Active
  • Total Number of Units: 8
  • Garage Size: 8.0
  • Garage Type: 4 Car
  • Est. Year Built: 1972
  • Estimated Age: 21+ Years
  • Est. Lot Size: 190x150
  • School District: Edgar
  • High School: Edgar
  • County: Marathon
  • Property Taxes: $4,572
  • Property Tax Year: 2020
  • MLS#: 22103430
  • Listing Company: Coldwell Banker Action

315 East Oak Street, Edgar, WI 54426 - Eightplex For Sale! Great Investment Opportunity In Edgar - This 2-Story Apartment-Style Property, Built In 1972, Features Nice Curb Appeal With Well-Maintained Exterior & Brick Facade, Small Back Concrete Patio Area, Roof (approx. 10 Yrs Old) And A Nice Lawn - Walking Distance To Edgar Softball Park & Oak Street Park, Seated On A Large 0.66 Acre Lot. The Property Offers 8 Units Each With 2 Beds, 1 Bath, And 1 Covered Carport Parking Stall (additional Paved Parking Spaces As Well). Common Lower Level Laundry And 8 Storage Lockers (1 Per Unit). Rents Range From $580-$660 Per Unit, Approx. $5,000 Per Month, $60,000+ Per Year (gross Rent Income) / The Vacant Unit Rent Is Currently Advertised At $775 - Market Rents Could Likely Be Higher. Each Unit Is Approximately 738 Sq Ft And Features An 11x11 Living Room, 12x10 Eat-In Kitchen, 8x5 Bathroom, 11x10 Bedroom And 12x9 Bedroom (measurements Are Approximate), Depending On The Location Of The Unit The Room Configuration May Vary But The Sizes Are Relatively Similar.,currently 7 Units Are Rented (1 Is Vacant). The Heat And Water/Sewer Is Currently Included In The Rent Payment (paid By The Owner), The Electricity Is Separate (paid By The Tenants). Baseboard Heating And 1 A/C Wall Unit For Cooling Per Unit. Water/Sewer Is Approx. $4,000 Per Year And Electricity / Gas Is Approx. $3,000 Per Year (depending On Usage / Average Provided For Estimation Purposes). The Following Appliances Are Included In The Sale - Refrigerator X8 And Stove X8, Dehumidifier X2, Washer X1 And Dryer X2. Overall, This Is A Well-Maintained Property With Clean Hallways And Well-Kept Lower Level Mechanical Room & Common Areas. Great Opportunity To Add To Your Growing Portfolio Or Start As Your Next Investment. Schedule Your Showing Today!

Additional Features
  • Heating/Cooling: Hot Water Natural Gas
  • Water Waste: Master Meter, Municipal Sewer, Municipal Water
  • Appliances Included: Dryer, Range/Oven, Refrigerator, Washer
  • 2 Story, EightPlex
  • Roof: Shingle
  • Construction Type: E
  • Waterfront/Access: N
  • Lot Size: 190x150
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
22103430 Active Jun 30 2021 4:09PM $544,900 36

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The information which is contained on pages with property data is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. Shorewest Realtors is not making any warranties or representations concerning any of these properties. Shorewest Realtors shall not be held responsible for any discrepancy and will not be liable for any damages of any kind arising from the use of this site.
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Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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