506 Forest Home Drive

Francis Creek, WI 54214

$395,000
Price
5
Beds
4
Baths
3,728 Sq. Ft.
$106 / Sq. Ft.
3,728
Sq. Ft.
$106
per Sq. Ft.

Description

Attention investors! Former supper club and bowling alley with 5 multi-family units. Current occupancy approaching $5,000 per Month in rental income, with several units open and being updated. The residential portion of this property includes 7 rooms sharing one bathroom and 5 units with private baths. The supper club/restaurant area includes a massive bar, kitchen equipment, furnishings and glass/dinnerware. Property has had many updates over the past few years and is in need of cosmetic updating...Attention investors! Former supper club and bowling alley with 5 multi-family units. Current occupancy approaching $5,000 per Month in rental income, with several units open and being updated. The residential portion of this property includes 7 rooms sharing one bathroom and 5 units with private baths. The supper club/restaurant area includes a massive bar, kitchen equipment, furnishings and glass/dinnerware. Property has had many updates over the past few years and is in need of cosmetic updating and general maintenance. See attached documents for per unit details, notes on potential expansion and additional comments from the seller. Noted unit sizes are estimated off of a layout and will need to be verified by buyer.
  1. Listed by Joe Moore • Shorewest, Realtors
    P: (920)-328-7885 joemoore@shorewest.com
  2. Listed by Shelby M Moore • Shorewest, Realtors
    P: (920)-621-4145 shelbymoore@shorewest.com

Property Details for 506 Forest Home Drive

City (Mailing)
FRANCIS CREEK
Municipality (Formatted)
Village of Francis Creek
Zoning
Commercial,Multi-Family(5+Units)
Waterfront Y/N
No
LISTING UPDATED: 12/04/2024 04:01 AM

Property Details for 506 Forest Home Drive

StatusActive - No Offer
MLS #50301261
Days on Market12
Taxes$8,688 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultifamily / Multifamily (3+ Unit)
Year Built1900
Lot Size1.04 AC / 45,302 SF
CountyManitowoc County

Building Information for 506 Forest Home Drive

Stories-Residences5Year Built1900Building Size-Lot Size1.04 AC / 45,302 SF

Property Information for 506 Forest Home Drive

Summary
Location and General Information
  • County: Manitowoc
  • Address State: WI
  • Address Zip Code: 54214
  • Directions: Hwy 43 to Hillcrest Road Exit, Francis Creek. East to Packer Drive. North to Forest Home Drive. Right on Forest Home Drive, property is on Left.
  • Latitude: 44.1994226288594
  • Longitude: -87.7179114834671
  • Flood Plain: No
  • Relocation: 0
Taxes and HOA Information
  • Tax Annual Amount: $8,688.00
  • Tax Year: 2023
  • Tax ID: 032-014-011-014.00
School Information
  • High School District: Mishicot
Parking
  • Parking Features: Outside
  • Parking Total: 3.0
  • Total Parking Outside: 60
Property
Lot Information
  • Square Feet Finished Above Grade Established: 3728.0
  • Square Feet Finished Below Grade Established: Public Records
  • Below Grade Finished Area: 0.0
  • Source-Estimate Finished Below Grade: Public Records
  • Square Feet Total Finished Above & Below: 3728.0
  • Source-Total Finished SquareFeet: Assessor/Public Record
  • Lot Features: Sidewalk
  • Lot Size Acres: 1.04
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 45302.0
  • Source Lot Sq Ft: Assessor/Public Record
  • To be built with Lot: 0
Property and Assessments
  • Restrictive Covenant: Unknown
  • Under Construction: 0
  • Year Built: 1900
  • Year Built Source: Public Records
  • Limited Service: No
  • Limit Photos: 0
  • New Construction Y/N: No
  • Number Of Buildings: 1
  • Code Compliant: Yes
  • Bank Owned REO: 0
  • Broker Owned: 0
  • Electronic Consent: 1
  • Contract Type: Exclusive Right To Sell
  • Named Exceptions: 0
Utilities
  • Sewer: Municipal Sewer
  • Water Source: Private Well
Interior and Exterior Features
Exterior Features
  • Foundation: Block,Poured Concrete,Stone
  • Exterior Finish: Aluminum/Steel,Brick
  • Building Style: 2 Story,Converted/Rooming House
  • Accessibility Features: 1st Floor Bedroom,1st Floor Full Bath,Level Drive,Level Lot,Low Pile Carpeting
Interior Features
  • Number Of Air Conditioners: 0
  • Number Of Dishwashers: 0
  • Number Of Disposals: 0
  • Number Of Dryers: 0
  • Number Of Furnaces: 1
  • Number Of Ranges: 6
  • Number Of Refrigerators: 8
  • Number Of Washers: 0
  • Number Of Water Heaters: 2
  • Number Of Water Softeners: 0
  • Heating Fuel Type: Electric,Natural Gas
  • Lower Level Building: Full,Walkout Entrance-Door
  • Heating: Forced Air,Radiant
Multi Family
Multi Family Information
  • Number Of Units Total: 5
Unit Information
Unit 1
  • Unit Type Type: Unit 1
  • Unit Type Actual Rent: $1,010.00
  • Unit Type Beds Total: 2
  • Electric Paid By: Landlord
  • Full Baths: 1
  • Garage Description: None
  • Half Baths: 0
  • Heat Paid By: Landlord
  • Level: Upper
  • Location: 2A
  • Sq Ft Fin: 760
  • Vacancy Type: Rent
  • Water Paid By: Landlord
Unit 2
  • Unit Type Type: Unit 2
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Beds Total: 1
  • Electric Paid By: Landlord
  • Full Baths: 1
  • Garage Description: None
  • Half Baths: 0
  • Heat Paid By: Landlord
  • Level: Upper
  • Location: 2B
  • Sq Ft Fin: 760
  • Vacancy Type: Rent
  • Water Paid By: Landlord
Unit 3
  • Unit Type Type: Unit 3
  • Unit Type Beds Total: 1
  • Electric Paid By: Landlord
  • Full Baths: 1
  • Garage Description: None
  • Half Baths: 0
  • Heat Paid By: Landlord
  • Level: Upper
  • Location: #9
  • Sq Ft Fin: 760
  • Vacancy Type: Vacant
  • Water Paid By: Landlord
Unit 4
  • Unit Type Type: Unit 4
  • Unit Type Actual Rent: $650.00
  • Unit Type Beds Total: 1
  • Electric Paid By: Landlord
  • Full Baths: 1
  • Garage Description: None
  • Half Baths: 0
  • Heat Paid By: Landlord
  • Level: Upper
  • Location: #21
  • Sq Ft Fin: 548
  • Vacancy Type: Rent
  • Water Paid By: Landlord

Property History for 506 Forest Home Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 506 Forest Home Drive

Taxable ValueLand$29,700Additions$143,000Total$172,700
Tax Record2023$4,632 ($386 / month)
Home Facts
Lot Size45,302 SqFtStyleMiscellaneous CommercialCountyMANITOWOCAPN32-014-011-014.00

Schools near 506 Forest Home Drive

This home is within Mishicot School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Schultz Elementary School
PublicPK to 5

Mishicot Middle School
Public6 to 8

Mishicot High School
Public9 to 12

St. Anne Elementary School
PrivatePK to 8

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.

Similar Homes

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506 Forest Home Drive is a multi-family home for sale in Francis Creek, WI 54214. This property was listed for sale on November 25, 2024 by Shorewest, Realtors, it's currently listed at $395,000. It has been on the market for a total of 12 days and was last sold on October 16, 2019. This listing's school district is Mishicot School District. Nearby schools include Schultz Elementary School, Mishicot Middle School and Mishicot High School. 506 Forest Home Drive is a 5-bed, 4-bath, 3,728 sqft multi-family home built in 1900.

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.

Listing Courtesy of Shorewest, Realtors

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 12/04/2024 04:01 AM 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