NOT LISTED FOR SALE

220 S Preston Ave Reedsburg, WI 53959

8 Beds
4 Baths
3,680 Sq Ft
1.15 Acres

Last Sold October 30, 2020

Last sale price $750,000 $204 Per Sq Ft

Highlights

  • Eat-In Kitchen
  • Level Entry For Accessibility
  • Accessible Full Bathroom
  • Laundry Room
  • Accessible Bedroom
  • 1-Story Property

About This Home

As of October 2020

An Investment Opportunity awaits! This 14 unit (2 parcels) consist of 4 duplex units and 6 single units. These units have been well cared for and owner does updating every year. The larger parcel parking area was re-done in 2019. There are 6 one bedroom units/1 three bedrm unit/and 7 2 bedroom units. With historic low interest rates you be the new care takers for this property.

Last Agent to Sell the Property

Patricia Kessler

First Weber Inc License #43387-90 Listed on: 10/12/2020

First Weber Inc

Last Buyer's Agent

Lori Lichte

First Weber Inc License #78703-94

First Weber Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,807

Year Built

  • Built in 1994

Lot Details

  • 1.15 Acre Lot
  • Level Lot

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • 14 Open Parking Spaces
  • 6 Covered Spaces
  • Driveway Level
  • Outside Parking

Accessible Home Design

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

Schools

  • Call School District Elementary School
  • Webb Middle School
  • Reedsburg Area High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 276-1832-00000

Community Details

Overview

  • 14 Units
  • Puhl's Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $81,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,807

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Municipality: Reedsburg
  • Status Detail: Sold
  • Mailing City: Reedsburg
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 1 story
  • Barrier Free: Ramped or level entrance, First floor bedroom, First floor full bath, Level drive, Level lot
  • Items Excluded: Tenants personal property
  • Items Included: 14 Refrigs/14Ranges/3 Over Range Microwaves/15 Water Heaters/2NG Furnaces/14 Wall AC 's/1 Washer/1 Coin Dryer/All Seller owned window coverings/2 overhead garage doors with openers
  • Miscellaneous: Shared laundry
  • Noi Year: 2019
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 1
  • Number Furnaces: 2
  • Number Refrigerators: 14
  • Number Stoves: 14
  • Number Units W Ac: 14
  • Number Washers: 1
  • Number Water Heaters: 15

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 6
  • Parking Stalls Outside: 14

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Attached, Outside
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Fee Information

  • Total Expenses: 37850

Schools

  • School District: Reedsburg
  • Elementary School: Call School District
  • Middle School: Webb
  • High School: Reedsburg Area
  • Elementary School: Call School District
  • High School: Reedsburg Area
  • Middle School: Webb
  • School District: Reedsburg

Lot Info

  • Estimated Aces: 1.15
  • Zoning: R-3
  • Geo Subdivision: WI

Rental Info

  • Total Income: 119000

Tax Info

  • Land Assessment: 70900
  • Improvements: 693900
  • Total Assessment: 764800
  • Assessment year: 2020
  • Net Taxes: 16807
  • Tax Year: 2019
  • Assessor Parcel Number: 276-1832-00000

Multi Family

  • Number Of1 Bedrooms: 6
  • Number Of2 Bedrooms: 7
  • Number Of3 Bedrooms: 1
  • Number Of Units: 14

Range of Values:

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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
10/30/2020 10/30/20 Sold $750,000 +1.4% $204 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $739,900 -- $201 / 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: 1895732

South Central Wisconsin Multiple Listing Service