Seller's Agent in 2025
Troy Timmerman
RE/MAX
(608) 778-8224
173 Total Sales
101 N Main St Cuba City, WI 53807
--
Bed
--
Bath
3,500
Sq Ft
2,875
Sq Ft Lot
About This Home
As of March 2025Remarkable and rare investment opportunity in the City of Presidents. This visible 2 story building is located on well-travelled main street and on a corner lot with plenty of exposure and a private parking area. Property is fully rented and ready for a new owner to enjoy the benefits of real estate investing and ownership. Nice diversification of commercial and residential. Popular restaurant franchise tenant on the main level with 2, 2-BR rented apartments on the upper level with laundry hookups. All brick building with aprox 6 year old roof. Outside basement access to allow for additional storage. Annual net income of $27,525 after taxes and insurance costs. Tenants pay all utilities. Franchise is not included or for sale. Owner of the property is a licensed Real Estate Agent. This will be one you want to see and add to your portfolio or a great property to get started in real estate investing. Buyers to be preapproved prior to showings.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,275
Home Design
- Triplex
- Brick Exterior Construction
- Poured Concrete
- Rubber Roof
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
- Range
Parking
- On-Street Parking
- Off-Street Parking
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Radiant Heating System
- Gas Available
Listing and Financial Details
- Tenant pays for gas, water, electric, heat, trash
- Month-to-Month Lease Term
- Assessor Parcel Number 211-00056-0000
Community Details
Overview
- 3 Units
Building Details
- Insurance Expense $3,500
- Real Estate Tax Expense $2,275
- Net Operating Income $27,525
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 6, 2022
Sold by
Rind Llc
Bought by
Iron Brigade Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$134,078
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$147,672
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $180,000 | Russell Natban |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $144,000 | New Conventional | |
| Previous Owner | $250,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $41,000 | Unknown | |
| Previous Owner | $60,000 | Unknown | |
| Previous Owner | $250,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2025 03/28/25 | Sold | $280,000 | -2.6% | $80 / Sq Ft |
| 02/05/2025 02/05/25 | Pending | -- | -- | -- |
| 01/31/2025 01/31/25 | For Sale | $287,500 | -- | $82 / Sq Ft |
Source: East Central Iowa Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,275 | $103,400 | $7,900 | $95,500 |
| 2023 | $2,347 | $103,400 | $7,900 | $95,500 |
| 2022 | $2,383 | $103,400 | $7,900 | $95,500 |
| 2021 | $2,128 | $103,400 | $7,900 | $95,500 |
| 2020 | $2,314 | $103,400 | $7,900 | $95,500 |
| 2019 | $1,638 | $65,000 | $520 | $5,980 |
| 2018 | $1,618 | $65,000 | $5,200 | $59,800 |
| 2017 | $1,575 | $65,000 | $5,200 | $59,800 |
| 2016 | $1,368 | $65,000 | $5,200 | $59,800 |
| 2015 | $1,362 | $65,000 | $5,200 | $59,800 |
| 2014 | $1,373 | $65,000 | $5,200 | $59,800 |
| 2013 | -- | $65,000 | $5,200 | $59,800 |
Source: Public Records
Agents Affiliated with this Home
-
Troy Timmerman
Map
Source: East Central Iowa Association of REALTORS®
MLS Number: 151281
APN: 211-00056-0000
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