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923 Lemma Creek Rd 2 Unit Apartment Building Offered at $325,000 Woodruff, WI 54568
Investment Highlights
- Duplex with strong rental history.
- Partial basement with private entrance and workshop.
- Two 2BR/1BA units.
Executive Summary
Zoned general business & currently being used as a duplex, with strong rental history. Each side offers 2 Bd/1 BA with kitchen, living area & stacked laundry. Private entrances, a covered entry porch for seasonal space, sheds and spacious parking area are a few key offerings. Each unit has updated kitchens & bathrooms, as well as electric, mechanicals, appliances and a portion of the windows have been updated. A partial basement w/ private entrance offers about 700 sq ft of storage & workshop area & has hook ups for an additional bath. A doorway between the units offers an alternate use as a 4BD/2BA home or a creative business owner could have an endless amount of possibilities here. Prime location near downtown Woodruff, 1 block off of Hwy 51 & all town amenities. Multiple other business locations are located within close proximity-providing good visibility for this location. Continue to keep it in the local rental pool or bring the property to a new potential.
NOTE: year built estimated.
NOTE: year built estimated.
Property Facts
| Price | $325,000 | Lot Size | 0.31 AC |
| Price Per Unit | $162,500 | Building Size | 1,881 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 2 | Year Built | 1977 |
| Property Type | |||
| Zoning | General business | ||
| Price | $325,000 |
| Price Per Unit | $162,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | |
| Lot Size | 0.31 AC |
| Building Size | 1,881 SF |
| No. Stories | 1 |
| Year Built | 1977 |
| Zoning | General business |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
1 1
Property Taxes
| Parcel Number | 04001-0691-0007 | Improvements Assessment | $98,400 |
| Land Assessment | $13,800 | Total Assessment | $112,200 |
Property Taxes
Parcel Number
04001-0691-0007
Land Assessment
$13,800
Improvements Assessment
$98,400
Total Assessment
$112,200
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923 Lemma Creek Rd
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