$1,100,000

101 S Ludington St Columbus, WI 53925

Estimated payment $6,428/month

Total Views 5,169
-- Bed
-- Bath
9,260 Sq Ft
$119 Price per Sq Ft

About This Home

Excellent Class-C opportunity to own in a low taxed area, featuring 8 individually sized 1bd apartments with high vaulted ceilings and ample natural light, along with 2 versatile commercial spaces. 101 S Ludington St sits on the main streets of Columbus with great foot traffic and visibility. Nearly all of the residential apartments have seen some form of upgrading, with 2 units seeing full renovation. This leaves value add opportunity to seek top market rents for the savvy investor. The commercial spaces have a tattoo parlor on a 4 year step lease, and the other owner occupied golf simulator & office space willing to sign a 2-3 year lease at market to absorb a fantastic return opportunity and ease the transition for new ownership. Schedule your tour today!

Listing Agent

Matthew Meunier

Humbled Hands Real Estate License #87405-94 Listed on: 07/18/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,808

Lot Details

  • 3,485 Sq Ft Lot
  • Property fronts a state road

Parking

  • 8 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 9,260 Sq Ft Home
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Exclusions: Seller's and Tenants Personal Property
  • Assessor Parcel Number 11211 0106.A

Community Details

Amenities

  • Elevator

Building Details

  • Operating Expense $20,025
  • Gross Income $68,750
  • Net Operating Income $48,725

Property Details

Property Type

Other

Est. Annual Taxes

$6,808

Lot Details

0

Listing Details

  • Property Sub Type: Commercial/Industrial
  • Prop. Type: Comm/Industrial
  • Lot Size Acres: 0.08
  • Road Frontage Type: State Road
  • Inclusions: 1 washer & 2 dryers, 8 refrigerators, 8 stoves
  • Directions: Use GPS
  • Property Information:Est Total Sq Ft: 9260
  • Special Features: None

Interior Features

  • Has Basement: Full

Exterior Features

  • Exclusions: Seller's and Tenants Personal Property
  • Construction Type: Brick
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 8

Utilities

  • Green Building Features: Elevator, Rest Rooms, Other
  • Sewer: Municipal Sewer

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 11211 0106.A

Multi Family

  • Annual Gross Income: 68750
  • Property Net Operating Income: 48725
  • Annual Operating Expense: 20025

Tax Info

  • Tax Annual Amount: 6808.07
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $1,100,000 -- $119 / Sq Ft
Source: Metro MLS

Source: Metro MLS

MLS Number: 1927097

Metro MLS