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    105 W 3rd Avenue

    Osceola Twp, WI 54020
    • $1,175,000
    • STATUS: Active
    • ON SITE: 349 days
    • ID#: 5347121
    UPDATED: 29 min ago
    $1,175,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,500
      SQFT
    • $112
      $/SQFT
    Type:
    Commercial
    Built:
    1917
    County:
    Area:

    School Ratings & Info

    School District:
    Listing courtesy of Keller Williams Rlty Integrity.

    Description

    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.

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    IDX data © 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Bre Berry & Company are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Bre Berry & Company is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Bre Berry & Company, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2020-11-25T16:07:45.867.

    Click here for Digital Millennium Copyright Act
    www.breberrysells.com/homes/101650678
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    105 W 3rd Avenue Osceola Twp, WI 54020

    • Price: $1,175,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: 5347121
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    10,500
    SQFT
    $112
    $/SQFT
    1917
    Built
    County:
    Polk
    Area:
    Osceola Twp
    School District:
    4165 - Osceola
    Property Description
    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.
    Exterior Features

    Construction Materials StuccoBrick/Stone Foundation Area 3500 Lot Features Corner Lot Lot Size Dimensions 100X80 Parking Features Paved Parking Open 15 Road Frontage Type City Street Roof FlatAge 8 Years Or Less Waterfront YN No

    Interior Features

    Appliances RangeRefrigerator Basement FullConcreteStone/Rock Cooling Window Unit(S) Heating Steam

    Property Features

    Accessibility Features None Additional Parcels YN No Association Amenities Coin-Op Laundry OwnedSecurity Contingency None Current Use Residential Foreclosure Status No Fuel Natural Gas Inclusions BuildingFixture/EquipmentLeases Lender Owned No Owner Pays TaxesInsuranceWaterElectricityFuelRepairsTrash CollectionSnow RemovalGrounds Care Postal City Osceola Potential Short Sale No Property Sub Type Mixed Use School District Number 4165 Sewer City Sewer/Connected Tax Annual Amount 8083 Tax With Assessments 8083.00 Tax Year 2018 Unit Amenities Ceiling Fan(S)Hardwood FloorsTiled Floors Utilities Heating CommonElectric CommonHot Water Common Water Source City Water/Connected Zoning Description Residential-Multi-Family

    © 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
    Listing courtesy of Keller Williams Rlty Integrity. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


    IDX data © 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Bre Berry & Company are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Bre Berry & Company is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Bre Berry & Company, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2020-11-25T16:07:45.867.

    Click here for Digital Millennium Copyright Act
     
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    Bre Berry & Company
    821 Grand Ave
    Saint Paul MN, 55105
    Listing courtesy of Keller Williams Rlty Integrity.