$1,350,000

218 N Main St

Fort Atkinson WI, 53538

Description

REHAB OPPORTUNITY! Owner retiring! 24 units consisting of (16) 2 BR units, and (8) 1 BR units. Small but affordable apartments which are well suited for this great downtown location across from McDonald's on Main Street. Great rental market. Large private parking lot plus municipal parking next door. Individual gas forced air furnaces/central air. Property was converted from a church (well constructed) to apartments in approx 1998 by well known architect. NEEDS WORK but is a great value add opportunity for the right investor. For those with experience and some added capital, this property could be a great investment especially with today's unbelievable low interest rates and longer term financing options.

Details

MLS#1707975
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1998
Days On Site17

Features

Units24
Building(s)1

Market Activity 53538

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Area Information
StateWI
CountyJefferson
CityFort Atkinson
Zip Code53538
AreaJefferson
Listing VS Median (in 53538)
Price:
$1,350,000
low | high
Med:
$229,900
100% of Average
On Site:
17
low | high
Med:
16
100% of Average
Listing Updated: 09/19/2020
Scott Johnson LogoMLS Number: 1707975
Listing Provided By:
Scott Johnson  of  Johnson Hellekson Real Estate LLC
Listing data provided by Metro MLS. Copyright 2020, Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing