NOT LISTED FOR SALE

1070 4th Ave W Monroe, WI 53566

3 Beds
2 Baths
1,560 Sq Ft
5 Acres

Last Sold July 24, 2019

Last sale price $3,100,000 $1,987 Per Sq Ft

81 Days on Market

Highlights

  • 5 Acre Lot
  • Eat-In Kitchen
  • Accessible Bedroom
  • Open Floorplan
  • Level Entry For Accessibility
  • 1-minute walk to Honey Creek Park

About This Home

As of July 2019

Monroe apartments with 64 units - 40-1 bedroom units & 24-2 bedroom units. Well cared for and high occupancy rate. Good location. Property is in Rural Development USDA low income housing program. Rural Development would consider applications to rehab property. Is eligible for low income rent assistance program.

Last Agent to Sell the Property

Alex Pfister

Century 21 Affiliated Pfister License #8624-90 Listed on: 11/05/2018

Century 21 Affiliated Pfister

Last Buyer's Agent

JR Reynolds

Century 21 Affiliated Pfister License #57139-90 759-4

Century 21 Affiliated Pfister

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,492

Year Built

  • Built in 1980

Lot Details

  • 5 Acre Lot
  • Level Lot

Home Design

  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • 90 Open Parking Spaces
  • Driveway Level
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Level Entry For Accessibility

Schools

  • Monroe Elementary And Middle School
  • Monroe High School

Utilities

  • Radiant Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener Leased

Community Details

  • 64 Units
  • Laundry Facilities
  • Net Operating Income $147,274

Listing and Financial Details

  • Assessor Parcel Number 232-5123-9716

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,492

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Municipality: Monroe
  • Status Detail: Sold
  • Mailing City: Monroe
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Barrier Free: Open floor plan, Ramped or level entrance, First floor bedroom, First floor full bath, Level drive, Level lot, Width of hallways 42"+
  • Miscellaneous: Shared laundry, Water Softener Rented
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Poured concrete foundatn

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant
  • Parking Stalls Outside: 90

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space, 2 spaces, Outside
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 234949

Schools

  • Elementary School: Monroe
  • High School: Monroe
  • Middle School: Monroe
  • School District: Monroe

Lot Info

  • Estimated Aces: 5
  • Zoning: R-3

Rental Info

  • Total Income: 382223

Tax Info

  • Net Taxes: 27492
  • Tax Year: 2017
  • Assessor Parcel Number: 232-5123-9716

Multi Family

  • Number Of1 Bedrooms: 40
  • Number Of2 Bedrooms: 24
  • Number Of Units: 64

Range of Values:

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Value Increase
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Percent Increase
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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 List to Sale Price per Sq Ft
07/24/2019 07/24/19 Sold $3,100,000 -13.9% $1,987 / Sq Ft
11/05/2018 11/05/18 For Sale $3,600,000 -- $2,308 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1845189

South Central Wisconsin Multiple Listing Service