1204 Washington St Manitowoc, WI 54220
Estimated payment $1,478/month
About This Home
Presenting a remarkable 4-unit commercial building in the vibrant heart of Manitowoc, with potential for a 5th unit! This property is fully occupied, generating consistent cash flow and offering a solid return on investment. The upper two units feature 2 spacious bedrooms each, complete with vaulted ceilings, in-unit laundry, and dedicated parkingappealing amenities that enhance tenant satisfaction. Ideally located directly across from Washington Park, this building benefits from high foot traffic and visibility. Surrounded by an array of restaurants, shopping, and entertainment options, it's perfectly positioned to attract both local patrons and visitors alike. See also MLS#1897589
Listing Agent
Coldwell Banker Real Estate Group~Manitowoc Brokerage Phone: 920-769-1600 License #59722-90 Listed on: 10/25/2024
Property Details
Property Type
- Other
Est. Annual Taxes
- $1,382
Lot Details
- 3,920 Sq Ft Lot
- Property fronts a state road
Parking
- 4 Parking Spaces
Home Design
- Composition Roof
Interior Spaces
- 4,630 Sq Ft Home
- Partial Basement
Community Details
- Operating Expense $612
- Gross Income $2,850
- Net Operating Income $2,238
Listing and Financial Details
- Exclusions: Seller and tenants personal property
- Assessor Parcel Number 000243161
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,656 | $86,000 | $20,100 | $65,900 |
| 2023 | $1,382 | $86,000 | $20,100 | $65,900 |
| 2022 | $1,410 | $75,000 | $20,100 | $54,900 |
| 2021 | $1,429 | $75,000 | $20,100 | $54,900 |
| 2020 | $2,820 | $135,000 | $20,100 | $114,900 |
| 2019 | $2,990 | $135,000 | $20,100 | $114,900 |
| 2018 | $3,171 | $135,000 | $20,100 | $114,900 |
| 2017 | $2,856 | $135,000 | $20,100 | $114,900 |
| 2016 | $2,894 | $135,000 | $20,100 | $114,900 |
| 2015 | $2,839 | $135,000 | $20,100 | $114,900 |
| 2014 | $2,767 | $135,000 | $20,100 | $114,900 |
| 2013 | $2,797 | $135,000 | $20,100 | $114,900 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2025 06/17/25 | Price Changed | $249,000 | -16.7% | $54 / Sq Ft |
| 10/29/2024 10/29/24 | For Sale | $299,000 | 0.0% | $65 / Sq Ft |
| 10/29/2024 10/29/24 | Off Market | $299,000 | -- | -- |
| 10/24/2024 10/24/24 | For Sale | $299,000 | -- | $65 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $25,750 | None Listed On Document | |
| Warranty Deed | $156,200 | None Listed On Document | |
| Warranty Deed | $75,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $156,000 | New Conventional | |
| Previous Owner | $156,160 | New Conventional | |
| Previous Owner | $78,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $72,500 | New Conventional |
Source: Metro MLS
MLS Number: 1897442
APN: 052-000-243-161.00
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