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Investment Highlights

  • Two well-designed residential buildings totaling 16 rooms, offering versatile layout options for multiple uses.
  • Each building includes two full baths, with select units featuring additional half baths for added convenience.
  • Property features modern conveniences including electric heat, window air units, sprinkler system, laundry facilities, walk-out patios, and more.
  • Spacious common areas with large living rooms, full kitchens, and dining rooms in each building create a functional living environment.
  • Private office spaces in both buildings enhance flexibility for administrative or management purposes.
  • Situated on a large lot with blacktop parking and a two-car detached garage for ample vehicle accommodation.

Executive Summary

For Sale: 497 B Lake Street - $309,000
For Sale: 497 A Lake Street - $359,000
*Properties can be sold together, or separately*
Former CBRF, Community based Residential facility, 2 units 8 rooms each. 16 total rooms large living rooms, Kitchens and dining rooms, new carpet front building, 2 full baths in each building, plus Apt. 1 and 6 each have a half bath, private office in each building, all electric heat, window air, sprinkler system in place, no basements, laundry, pantry's and walk out patios. Black top parking out-front on a large lot, 2 car detached garage. Current tenant is relocating. Currently no income. Set your own rents. Great extra income property. many different uses, nursing home, apt. building, efficiency rental. Located in a great historical city of Montello Wi. located near the fox river system. Quiet neighborhood. great investment! Built in 1997. Brick and vinyl exterior. Easy to maintain.

Property Facts

Price $585,000
Price / SF $83.57 / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 7,000 SF
Total Land Area 1.38 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
497 Lake St, Montello, WI 53949 Health Care 3,500 SF 1990 -
497 S Lake St, Montello, WI 53949 Health Care 3,500 SF 1990 -
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  • Listing ID: 40598600

  • Date on Market: 5/20/2026

  • Last Updated:

  • Address: 497 S Lake Street, Montello, WI

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