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$180,000
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725 Vine St
Beloit, WI 53511
5 bed 3 bath 2,450 SqFt ($73/SqFt)
8,712SqFt lot. Built 1870
Listed 2023-05-30, Taxes $2,232
USDA Eligible
near Beloit, WI
 Restrictions may apply
due to home size

Latest Value Estimates: $168,500 from CoreLogic on 2024-03-04. Forecast Estimate Value:

Located in the charming city of Beloit

Wisconsin, this two-story investment property offers tremendous potential and is ideally suited for thos e seeking a multi-unit investment opportunity. This three unit property presents an attractive option for both long-term rental income and potential future appreciation! Each unit boasts a vast and functional floor plan, featuring a living area, kitchen, bedrooms and bathrooms.

Beloit experiences a steady demand for rental properties, making it an attractive market for real estate investors. Its proximity to major cities like Madson and Rockford further increases the potential tenant pool. Check it out today! Currently rented.


Presented by Brian Lawton at
EXIT REALTY HGM.
Listing Agent Photo

Property MLS #1956711 from SCWMLS

Bedrooms: 5

# Stoves: 3

3

Full Bathrooms: 3

Heating Features: Heating Type: Radiant, # Furnaces: 1
Heating Fuel: Natural Gas

Basement Description: Partial

Stucco

Lot Size Acres: 0.2
Lot Size Square Feet: 8712

Garage Spaces: 2
Garage Description: 2 spaces, Outside
Garage Features: 2 spaces, Outside
Parking Total: 2

Elementary School: Hackett
High School: Memorial
Middle School: Aldrich
School District: Beloit

Hackett Elementary School is a public elementary school located approximately 0.2 miles away.
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Memorial High School is a public high school located approximately 0.7 miles away.
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Cunningham Elementary School is a public elementary and middle school located approximately 1 miles away.
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St Johns Lutheran School is a private elementary school located approximately 0.3 miles away.
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Number of Units In Community: 3
Number of Units: 3
Number of 1 Bedroom Units: 2
Number of 3 Bedroom Units: 1
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Unit-1 Description: Eat-in kitchen, Range/oven, Refrigerator
Unit-1 Square Feet: 1100
Unit-2 Square Feet: 675
Unit-3 Square Feet: 675
Unit 1 Total Actual Rent: 1010
Unit 2 Total Actual Rent: 660
Unit 3 Total Actual Rent: 510
Unit-1 Bedroom-1 Dimensions: 13 x 16
Unit-1 Bedroom-2 Dimensions: 16 x 7
Unit-1 Bedroom-3 Dimensions: 12 x 10
Unit-2 Bedroom-1 Dimensions: 12 x 12

Gross Income: 26160

Annual Tax Amount: 1400
Source Listing Status: Active
County: Rock
Directions: West on St. Lawrence, North on Vine St.
Tax Year: 2021
Source Property Type: Multi Family
Exclusions: seller and tenant personal property
Inclusions: 3 refrigerators, 3 oven/ranges
Area: BELOIT - C
Source Neighborhood: BELOIT - C
Parcel Number: 206 13570780
Postal City: Beloit
Zoning: R-1B
Property Subtype: 2 story
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$123,800 + $12,300
$136,100
$2,232
2021$35,300 + $9,700
$45,000
$1,419
2020$35,300 + $9,700
$45,000
$1,271
2019$35,300 + $9,700
$45,000
$1,217
2018$35,300 + $9,700
$45,000
$1,224
2017$35,300 + $9,700
$45,000
$1,224
2016$35,300 + $9,700
$45,000
$1,151
2015$35,300 + $9,700
$45,000
$1,220
2014$35,300 + $9,700
$45,000
$1,177
2013$35,300 + $9,700
$45,000
$1,150
2012$35,300 + $9,700
$45,000
$1,154
2011$35,300 + $9,700
$45,000
$1,140
2010$35,300 + $9,700
$45,000
$1,136
2008$46,900 + $9,700
$56,600
$1,185
2007$46,900 + $9,700
$56,600
$1,276
2006$56,300 + $7,600
$63,900
$1,506

Listed 2023-05-30
$180,000
SCWMLS
Sold 2021-07-26
$177,000
SCWMLS

Year Built: 1870
Property Age: 154
Levels or Stories: 2 story

Sewer: Municipal sewer
Water Source: Municipal water
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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.