203-205 East Main Street

Marshall, WI 53559

$349,900
Price
8
Beds
3
Baths
3,425 Sq. Ft.
$102 / Sq. Ft.
3,425
Sq. Ft.
$102
per Sq. Ft.

Description

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 new roof/windows/ 2 water softeners/2 water heaters and some electrical improvements in 2015. 2 new furnaces in 2017. 1 car garage stall parking per unit with additional off street parking onsite. Separate utilities and...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 new roof/windows/ 2 water softeners/2 water heaters and some electrical improvements in 2015. 2 new 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.

Property Details for 203-205 East Main Street

Subdivision
n/a
Waterfront
Yes
Waterfront
Has actual water frontage, River
Zoning
Residentia
LISTING UPDATED: 10/13/2024 03:00 PM

Property Details for 203-205 East Main Street

StatusOffer - No Show
MLS #1978883
Days on Market75
Taxes$4,859 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2 story
Year Built999
Lot Size0.38 AC / 16,509 SF
CountyDane County

Building Information for 203-205 East Main Street

Stories-Residences3Year Built999Building Size-Lot Size0.38 AC / 16,509 SF

Property Information for 203-205 East Main Street

Summary
Location and General Information
  • C/T/V: Village
  • County: Dane
  • County Qtr Section: Dane NE
  • Directions: North on 73 off Interstate into Marshall, Right on Main St, property on left
  • Lake/River: Maunesha
  • Location: MARSHALL - V
  • Mailing City: Marshall
  • Municipality: Marshall
  • State: WI
  • Zip: 53559
Parking
  • Park/Unit: 1 stall garage, 2 stall garage, Detached, Outside
  • Parking Spaces Outside: 6
  • Parking Stalls Inside: 3
School Information
  • Elementary: Marshall
  • High School: Marshall
  • Middle School: Marshall
  • School District: Marshall
Taxes and HOA Information
  • Net Taxes: $4,859.00
  • Parcel ID: 0812-152-0183-6
  • Tax Year: 2023
Property
Property and Assessments
  • Class: Multi Family
  • Improvements: 140400
  • Land Assess: $79,500.00
  • Legal Documents: Lease(s) on file, Weatherizations cert.
  • Miscellaneous: Water Softener Owned, Internet - Cable
  • Total Assess: $219,900.00
  • Total Assess Year: 2023
  • Type: 2 story
  • Year Built: 999
Lot Information
  • Estimated Total Acres: 0.379
  • Source of Est. Acres: Assessor
  • Source of Year Built: Assessor
Utilities
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters
  • Water/Waste: Municipal sewer, Municipal water
Interior and Exterior Features
Exterior Features
  • Exterior: Aluminum/Steel, Vinyl, Wood
Interior Features
  • Items Included: 3 stoves, 3 refrigerators, 2 dishwashers, 3 water softeners
  • Items Excluded: tenants personal items and furnishings, all window air conditioning units
  • Number of Dish Washers: 2
  • Number of Dryers: 3
  • Number of Furnaces: 3
  • Number of Stoves: 3
  • Number of Refrigerators: 3
  • Number of Washers: 3
  • Number of Water Heaters: 3
  • Number of Water Softeners: 3
  • Basement: Partial, Walkout to yard, Crawl space
  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Number of Efficiencies: 1
Room Information
Bedrooms
  • Number of 1 Bedrooms: 0
  • Number of 2 Bedrooms: 0
  • Number of 3+ Bedrooms: 2
Multi Family
Unit Information
  • Number of Units w/AC: 0
  • Number of Units: 3
Income & Expenses Information
  • Net Operating Income: $21,386
  • Net Operating Income Year: 2023
  • Total Expenses: $7,713
  • Total Income: $29,100
Unit 1
  • U1 Landlord Pays Heat: Yes
  • U1 Landlord Pays Electric: No
  • U1 Landlord Pays Water/Sewer: Yes
  • Unit 1: Dining room,Eat-in kitchen,Range/oven,Refrigerator,Washer/dryer,Individual heat control,In-unit laundry,Private basement
  • U1 Parking: 1 Car Garage
  • U1 Number of Bedrooms: 3
  • U1 Full Baths: 1
  • U1 Half Baths: 0
  • U1 SqFt: 1450
  • Unit 1 Bedroom 3 Level: U
  • Unit 1 Dining Room Level: U
  • Unit 1 Kitchen Level: U
  • Unit 1 Living/Great Room Level: U
  • Unit 1 Primary BedRoom Level: U
  • Unit 1 Other Room 2 Level: U
  • Unit 1 Other Room Level: U
  • Unit 1 Bedroom 2 Level: U
  • Unit 1 Bedroom 2 Dimensions: 11X11
  • Unit 1 Bedroom 3 Dimensions: 11X12
  • Unit 1 Dining Room Dimensions: 16X6
  • Unit 1 Kitchen Dimensions: 11X11
  • Unit 1 Living/Great Room Dimensions: 16X14
  • Unit 1 Primary BedRoom Dimensions: 10X16
  • Unit 1 Other Room 2 Dimensions: 11X7
  • Unit 1 Other Room Dimensions: 11X15
  • Unit 1 Other Room: Den/Office
  • Unit 1 Other Room 2: Laundry Room
Unit 2
  • U2 Landlord Pays Heat: Yes
  • U2 Landlord Pays Electric: No
  • U2 Landlord Pays Water/Sewer: Yes
  • Unit 2: Range/oven,Refrigerator,Washer/dryer,Wood or sim. wood floor,Individual heat control,In-unit laundry
  • U2 Parking: 1 Car Garage
  • U2 Number of Bedrooms: 1
  • U2 Full Baths: 1
  • U2 Half Baths: 0
  • U2 SqFt: 525
Unit 3
  • Unit 3: Dining room,Eat-in kitchen,Range/oven,Refrigerator,Dishwasher,Washer/dryer,Individual heat control,In-unit laundry,Shared basement
  • U3 Parking: 1 Car Garage
  • U3 Number of Bedrooms: 4
  • U3 Full Baths: 1
  • U3 Half Baths: 0
  • U3 SqFt: 1450
  • U3 Landlord Pays Heat: No
  • U3 Landlord Pays Electric: No
  • U3 Landlord Pays Water/Sewer: No

Property History for 203-205 East Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 203-205 East Main Street

This home is within Marshall School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Marshall Early Learning Center
PublicPK to 2

Marshall Elementary School
Public3 to 6

Marshall Middle School
Public7 to 8

Marshall High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 10/13/2024 03:00 PM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2024 – WiREx. – All Rights Reserved