105 W 3rd Avenue

Osceola Twp, WI 54020

About this property

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.

Date Added
December 11, 2019
Listing Status
Active
Days On Site
294
MLS#
5347121

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
Sub-Type
Resale
Year
1917
Garage
0
Pool
No
Story(s)
0
Property View
No
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$1,175,000 Active
0 Beds
0 Full Baths
0 SQFT

Presented By Coldwell Banker River Valley Commercial Group

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Brokerage
Coldwell Banker Commercial River Valley
(608) 784-9930
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Area Information

| Polk County |

$ 1,175,000
This listing is play_arrow 3515.4% higher than the average in the area
$ 32,500 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
294 days on site
This listing is play_arrow 40.0% above the average in the area
210 days on site in the area

Schools in the Area

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