NOT LISTED FOR SALE

414 S Main St West Bend, WI 53095

-- Bed
-- Bath
2,400 Sq Ft
3,920 Sq Ft Lot

Last Sold August 18, 2021

Last sale price $280,500 $117 Per Sq Ft

73 Days on Market

About This Home

As of August 2021

With $30,000 annual gross scheduled income and reasonable taxes, this is one of the highest yielding properties available in West Bend. 4-unit rental property Downtown West Bend on Main Street. 1 Retail, 3 Residential Units. Cap rate 8.3%. 4-unit cashflow, plus the continued revival and appreciation of Main Street Downtown West Bend, make this a prime investment opportunity. Renovated in 2020.

Last Listed By

Leslie Boyea

Quorum Enterprises, Inc. License #82480-94 Listed on: 04/08/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,318

Year Built

  • 1865

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • Basement Fills Entire Space Under The House

Community Details

  • Operating Expense $6,889
  • Gross Income $30,900
  • Net Operating Income $23,996

Listing and Financial Details

  • Assessor Parcel Number 291 11191440102

Property Details

Property Type

Other

Est. Annual Taxes

$3,318

Year Built

1865

Lot Details

0

Listing Details

  • Property Sub Type: Commercial/Industrial
  • Prop. Type: Comm/Industrial
  • Lot Size Acres: 0.09
  • Road Frontage Type: Town/City Road, High Visibility
  • Directions: From US 33, South on Veterans Ave, Merge onto S Main Street, Property on Right
  • Special Features: None
  • Year Built: 1865

Interior Features

  • Has Basement: Full

Exterior Features

  • Construction Type: Vinyl
  • Roof: Composition

Utilities

  • Green Building Features: Living Space Avail
  • Sewer: Municipal Sewer

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Parcel #: 291 11191440102

Multi Family

  • Annual Gross Income: 30900
  • Property Net Operating Income: 23996
  • Annual Operating Expense: 6889

Tax Info

  • Tax Annual Amount: 3318
  • Tax Year: 2020

Range of Values:

Collateral Analytics

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ICE

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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
08/18/2021 08/18/21 Sold $280,500 0.0% $117 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $280,500 -- $117 / Sq Ft
Source: Metro MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1734268

Metro MLS