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$365,000   Price Analysis
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203-205 E Main St
Marshall, WI 53559
Unknown bed None bath 3,425 SqFt ($106/SqFt)
0.38 acre lot.
Listed 2024-06-06
USDA Eligible
near Marshall, WI
 Restrictions may apply
due to home size

LOOKING FOR AN INVESTMENT PROPERTY? 3 UNIT MULTI FAMILY WITH EXCELLENT CURB APPEAL

LONG TERM TENANTS, AND SIGNIFICANT POSITIVE CASH FLOW FROM THE START! FULLY RENTED AT $2425 PER MONTH OR $29, 100/ YEAR!. OLDER MULTI FAMILY BUILDING THAT SELLER HAS DONE SOME UPDATING TO INCLUDING CONTEMPORARY ROOF/WINDOWS/ 2 WATER SOFTENERS/2 WATER HEATE RS AND SOME ELECTRICAL IMPROVEMENTS IN 2015.

2 PRISTINE FURNACES IN 2017. 1 CAR GARAGE STALL PARKING PER UNIT WITH ADDITIONAL OFF STREET PARKING ONSITE. SEPARATE UTILITIES AND IN UNIT LAUNDRY FOR EACH UNIT. ALL OF THIS NESTLED ON A WATERFRONT LOT, CLOSE TO DOWNTOWN, SCHOOLS, EVEN LITTLE AMERRICKA FOR SUMMERTIME FUN.


Presented by Scott Elert at
RE/MAX Preferred.
Listing Agent Photo

Property MLS #1978883 from SCWMLS

# Stoves: 3
# Dish Washers: 2
Laundry Features: # Washers: 3, # Dryers: 3

3

Heating Features: Heating Type: Forced air, # Furnaces: 3
Heating Fuel: Natural Gas
Water Heaters: 3

Basement Description: Partial, Walkout to yard, Crawl space

Vinyl
Aluminum/Steel
Wood

Has actual water frontage
River

Covered Spaces: 3
Garage Spaces: 1
Garage Description: 1 stall garage, 2 stall garage, Detached, Outside
Garage Features: 1 stall garage, 2 stall garage, Detached, Outside
Parking Total: 6

Lot Size Acres: 0.379
Lot Size Square Feet: 16509

Elementary School: Marshall
High School: Marshall
Middle School: Marshall
School District: Marshall

Marshall Early Learning Center is a public elementary school located approximately 0.4 miles away.
directions icon Map directions

Marshall Middle School is a public middle school located approximately 0.5 miles away.
directions icon Map directions

Marshall High School is a public high school located approximately 0.7 miles away.
directions icon Map directions

Holy Family Catholic School is a private elementary school located approximately 3.7 miles away.
directions icon Map directions

Number of Units In Community: 3
Number of Units: 3
Number of Studio Units: 1
Number of 3 Bedroom Units: 2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 4
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Unit-1 Description: Dining room, Eat-in kitchen, Range/oven, Refrigerator, Dishwasher, Washer/dryer, Individual heat control, In-unit laundry, Private basement
Unit-2 Description: Range/oven, Refrigerator, Washer/dryer, Wood or sim. wood floor, Individual heat control, In-unit laundry
Unit-3 Description: Dining room, Eat-in kitchen, Range/oven, Refrigerator, Dishwasher, Washer/dryer, Individual heat control, In-unit laundry, Shared basement
Unit-1 Square Feet: 1450
Unit-2 Square Feet: 525
Unit-3 Square Feet: 1450
Unit 1 Total Actual Rent: 700
Unit 2 Total Actual Rent: 675
Unit 3 Total Actual Rent: 1050
Unit-1 Bedroom-1 Dimensions: 10 x 16
Unit-1 Bedroom-2 Dimensions: 11 x 11
Unit-1 Bedroom-3 Dimensions: 11 x 12

Gross Income: 29100

Water Softener Owned
Internet - Cable
Annual Tax Amount: 4859
Source Listing Status: Active
County: Dane
Directions: North on 73 off Interstate into Marshall, Right on Main St, property on left
Tax Year: 2023
Source Property Type: Multi Family
Exclusions: tenants personal items and furnishings, all window air conditioning units
Inclusions: 3 stoves, 3 refrigerators, 2 dishwashers, 3 water softeners
Area: MARSHALL - V
Parcel Number: 0812-152-0183-6
Postal City: Marshall
Zoning: Residentia
Property Subtype: 2 story
Source System Name: C2C

Listed 2024-06-06
$365,000
SCWMLS
Listing removed 2012-10-10
$139,900
SCWMLS
Price Changed 2012-07-27
$139,900
SCWMLS
Price Changed 2012-05-29
$149,900
SCWMLS
Listing removed 2012-01-31
$195,000
SCWMLS
Listed 2012-01-27
$169,900
SCWMLS
Listed 2011-02-23
$195,000
SCWMLS

Net Operating Income: 21386
Operating Expense: 7713

First floor bedroom
First floor full bath
Level drive
Level lot

Sewer: Municipal sewer
Separate elec meters
Separate gas meters
Separate water meters
Water Source: Municipal water

Levels or Stories: 2 story
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.