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- LoopNet Team
608 5th St
Algoma, WI 54201
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Convenient to downtown Algoma activities, restaurants, shopping.
- Many recent updates - well cared for property.
PROPERTY FACTS
| No. Units | 4 | Lot Size | 0.23 AC |
| Property Type | Multifamily | Building Size | 4,900 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1947 |
| Zoning | R-4 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.23 AC |
| Building Size | 4,900 SF |
| No. Stories | 2 |
| Year Built | 1947 |
| Zoning | R-4 |
AMENITIES
UNIT AMENITIES
- Ceiling Fans
- High Speed Internet Access
- Refrigerator
- Range
- Carpet
- Vinyl Flooring
ABOUT 608 5TH ST , ALGOMA, WI 54201
Searching for a solid investment? This four unit apartment building comes with a great rental history. Check out these stats...two units with three bedrooms, two units with two bedrooms, all four units with 1 1/2 bathrooms each, and a concrete parking lot in back. The units are in very good condition with lots of recent remodeling and the tenants pay all of their own utilities. Plus...it's a block from Algoma schools, city hall, shopping, and a grocery store. Live in one unit and rent out three others or rent out the whole place.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 2 | $650.00 | 1,225 |
| 2+2 | 2 | $650.00 | 1,225 |
PROPERTY TAXES
| Parcel Number | 201-00110-2460 | Improvements Assessment | $300,700 |
| Land Assessment | $22,700 | Total Assessment | $323,400 |
PROPERTY TAXES
