105 West 3rd Ave Osceola WI 54020 $1,175,000

Property Description

105 West 3rd Ave Osceola WI 54020 - 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.

  • Commercial/Industrial
  • Status: Active
  • Est. Year Built: 1917
  • Estimated Age: 21+ Years
  • Estimated Square Feet: 5001 or more
  • Est. Lot Size: 100x80
  • School District: Osceola
  • County: Polk
  • Property Taxes: $8,083
  • Property Tax Year: 2018
  • MLS#: 5347121
  • Listing Company: Keller Williams Rlty Integrity*

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. REALTOR *MLS* Equal Housing Opportunity

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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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