404 Frances Street, Somerset, WI 54025 $1,325,000

404 Frances Street, Somerset 0 Acres $1,325,000 Active

  • Commercial/Industrial
  • Status: Active
  • Est. Year Built: 1975
  • Estimated Age: 21+ Years
  • Square Feet: 0
  • Est. Acreage: >= 1/2
  • Est. Lot Size: 30536
  • Subdivision: Village/Somerset
  • School District: Somerset
  • County: Saint Croix
  • Property Taxes: $6,328
  • Property Tax Year: 2023
  • MLS#: 6451501
  • Listing Company: Degraw Investments Llc
  • Zip Code: 54025

404 Frances Street, Somerset, WI 54025 - The Property Is An 8-Plex Multi-Family, Two-Story Masonry Building With A Gross Building Area Of 6,240 Sf. According To Appraisal. There Are 8 Apartments With 4 Apartments On Each Level. The Basement Is Unfinished With An Owned, Coin-Op Laundry Area And Tenant Storage Closets. The Apartments Are Two Bedrooms With A Kitchen And Living Room. There Is A Full Bath In Each Unit. Building Has Electric Baseboard Heat And A Wall Air Conditioning Unit Per Apartment. There Are Separate Electric Meters Per Apartment. Tenants Pay For Electricity And The Lessor Pays For Real Estate Taxes, Insurance, Snow Plowing, Lawn Care, Common Area Electricity And Hot/Cold Water And Sewer. New (2023) Tankless On-Demand Gas Water Heaters In Basement That Supply Hot Water For All Units, As Well As A New Owned Water Softener System In 2022. Storage Shed On Site Conveys With Property. Detailed Income, Expenses, And Lease Information Will Be Provided Upon Signing Of A Non-Disclosure Agreement.

Additional Features
  • Full, None / Slab, Unfinished
  • Heating/Cooling: Baseboard, Wall/Sleeve Air Electric, Natural Gas
  • Water Waste: Municipal Sewer, Municipal Water
  • Appliances Included: Dryer, Range, Refrigerator, Washer
  • Laundry Facilities
  • Misc Interior: Carpet, Tankless Water Heater, Vinyl Floors, Water Softener
  • 2 Story
  • Roof: Flat
  • Construction Type: E
  • Waterfront/Access: N
  • Lot Description: 30536
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
6451501 Active Oct 23 2023 2:09PM $1,325,000 128

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$3,287 per month
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