Log In/Sign Up
Your email has been sent.
Albany Duplex on the River 204 S Mill St 2 Unit Apartment Building $425,000 ($212,500/Unit) Albany, WI 53502
Investment Highlights
- Riverfront property with a dock
- Large units: 3br / 2ba / 1,900sf
Executive Summary
Experience riverfront living in this large 3,800sf duplex property with two spacious 3 bed / 2 bath / 1,900sf homes. This unique location on the Sugar River and open floor plan offers a perfect blend of comfort and adventure, making it an ideal AirBnB or long-term rental investment, or convert it to a huge 6 bed / 4 bath home! The bedrooms and closets are large, there's a full bathroom on each floor, a shared back deck with river views, central A/C, and unfinished full basements for ample storage. Also enjoy direct access to the river for tubing, kayaking, swimming, fishing; and it's under a mile from the Albany Wildlife Area for beautiful public hiking/hunting land! This is a great opportunity for someone looking for an easy to rent AirBnB and/or long-term rental, family compound, huge single family home, or help with the mortgage from renting out 1 apartment. Come check out the property and see all the possibilities because this is definitely worth a tour! North side apartment is on a month to month lease. South side apartment is vacant for easy showings.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$10,800
|
$2.84
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$10,800
|
$2.84
|
| Taxes |
$4,648
|
$1.22
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$4,648
|
$1.22
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $10,800 |
| Annual Per SF | $2.84 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $10,800 |
| Annual Per SF | $2.84 |
| Taxes | |
|---|---|
| Annual | $4,648 |
| Annual Per SF | $1.22 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $4,648 |
| Annual Per SF | $1.22 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $425,000 | Building Class | C |
| Price Per Unit | $212,500 | Lot Size | 0.53 AC |
| Sale Type | Investment | Building Size | 3,800 SF |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Parking Ratio | 2.11/1,000 SF |
| Apartment Style | Townhome |
| Price | $425,000 |
| Price Per Unit | $212,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.53 AC |
| Building Size | 3,800 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Parking Ratio | 2.11/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Yard
- Basement
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 10104210000 | Total Assessment | $159,600 |
| Land Assessment | $5,600 | Annual Taxes | $4,648 ($1.22/SF) |
| Improvements Assessment | $154,000 | Tax Year | 2025 |
Property Taxes
Parcel Number
10104210000
Land Assessment
$5,600
Improvements Assessment
$154,000
Total Assessment
$159,600
Annual Taxes
$4,648 ($1.22/SF)
Tax Year
2025
1 of 22
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Albany Duplex on the River | 204 S Mill St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.