NOT LISTED FOR SALE

427 & 375 River St Belleville, WI 53508

6 Beds
3 Baths
-- Sq Ft
1.19 Acres

Last Sold November 30, 2020

Last sale price $990,000

Highlights

  • River Front
  • 1.19 Acre Lot
  • Dining Room
  • Belleville Elementary School Rated A-
  • Central Air
  • Family Room

About This Home

As of November 2020

Being sold As-Is. Two buildings totaling 16 units. 8 one bedroom units, 4 two bedroom units, and 4 three bedroom units. Each building has 5,840 square feet and were built in 1979. Long term tenants with all but one unit rented. All on month to month with no signed leases currently in place. Rentals are well below market value so there is plenty of potential to increase income. Each building has common washer and dryers that are currently included in rent. 1.19 acre of land that is located on River Rd as you enter into Belleville. Located with-in walking distance to all amenities Belleville offers. Building 375 H20 Heater 2014, Building 427 H20 heater 2017, Roof/siding (EST. 15 years), Boilers (older but good cond), on site dumpsters and shed.

Last Agent to Sell the Property

Trent Estabrook

Pinnacle Real Estate Group LLC License #58196-94 Listed on: 09/30/2020

Last Buyer's Agent

Trent Estabrook

Pinnacle Real Estate Group LLC License #58196-94 Listed on: 09/30/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,520

Year Built

  • Built in 1979

Lot Details

  • 1.19 Acre Lot
  • River Front

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Family Room
  • Dining Room
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • 33 Open Parking Spaces
  • Outside Parking

Schools

  • Belleville Elementary And Middle School
  • Belleville High School

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Individual Controls for Heating

Community Details

  • 16 Units
  • Laundry Facilities
  • Net Operating Income $111,360

Listing and Financial Details

  • Assessor Parcel Number 0508-342-9500-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,520

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Municipality: Belleville
  • Status Detail: Sold
  • Mailing City: Belleville
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Items Excluded: Tenants and owners personal property
  • Items Included: AS -IS. Kitchen appliances, window wall units. 4 washers, 4 dryers.
  • Miscellaneous: Shared laundry
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Full size windows/Exposed, Walkout to yard, Poured concrete foundatn
  • Number Dish Washers: 16
  • Number Dryers: 4
  • Number Units W Ac: 16
  • Number Washers: 4
  • Number Water Softeners: 2

Exterior Features

  • Waterfront: Has actual water frontage, River
  • Waterfront: Yes
  • Exterior: Vinyl, Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 33

Utilities

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

Schools

  • Elementary School: Belleville
  • High School: Belleville
  • Middle School: Belleville
  • School District: Belleville

Lot Info

  • Estimated Aces: 1.19
  • Zoning: Multi Fa
  • Geo Subdivision: WI

Rental Info

  • Total Income: 111360

Tax Info

  • Net Taxes: 23520
  • Tax Year: 2019
  • Assessor Parcel Number: 0508-342-9500-8

Multi Family

  • Number Of1 Bedrooms: 8
  • Number Of2 Bedrooms: 4
  • Number Of3 Bedrooms: 4
  • Number Of Units: 16

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
11/30/2020 11/30/20 Sold $990,000 -10.0% --
10/14/2020 10/14/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $1,100,000 -- --
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Trent Estabrook

    Seller's Agent in 2020

    Trent Estabrook

    Pinnacle Real Estate Group LLC

    (608) 213-4282

    2 in this area

    120 Total Sales

    Trent Estabrook
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1895115

South Central Wisconsin Multiple Listing Service
Wisconsin Dane County Belleville 53508

427 & 375 River St, Belleville, WI

Not Listed for Sale

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