Sandy McKinlay
BEDS0
BATHS
MLS#22605417
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLStevens Point
Listing Courtesy of:
FIRST WEBER
Agency Contact: homeinfo@firstweber.com
Property Description
Incredible opportunity to own a piece of history in Downtown Stevens Point. This mixed-use investment property boasts timeless character, modern functionality, and phenomenal rental history. The property features three main floor commercial suites along Main St and five residential second-floor units. With staple businesses consisting of Polito's Pizza, Icon Entertainment Venue, and Agora Makers Market step into ownership knowing commercial tenancy will remain a constant. The residential units offer between four and six bedrooms and have all been updated in the last few years with fresh finishes, appliances, and a shared laundry room. The commercial suites have access to the basement of the building for additional storage and use. With rents totaling $164,347 and expenses around than 15% the DSCR is approximately 1.4 and the Cap Rate is 10.0. Call today to request additional information and add this property to your investment property to your portfolio!,This information is compiled from miscellaneous sources and is believed accurate but not warranted. Neither the listing broker nor its agents, subagents or property owner are responsible for the accuracy of the information. Buyers are advised to verify all information.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.22 Acres
Roof Type: Flat
Taxes: $21,102
Year Built: 1890
Units
Unit 1:
Bedrooms: 5
Full Baths: 1
Square Footage: 1500
Unit 2:
Bedrooms: 6
Full Baths: 1
Square Footage: 1500
Unit 3:
Bedrooms: 5
Total Baths: 1.0
Unit 4:
Total Baths: 2.0
Amenities
Cathedral/vaulted ceiling
Smoke Detector(s)
Appliances
Refrigerator
Range/Oven
Washer
Dryer
Feature Descriptions
Building: 2 Story
Data Source: WIREX_CWBR
Heating/Cooling: Forced Air, Baseboard
Heating Fuel: Natural Gas
Lot Dimensions: 79x121
Utilities: Separate Electric Meters, Separate Heat, Separate Gas Meters
Water/Waste: Municipal Water, Municipal Sewer, Master Meter
Local Schools
High School: Stevens Point
School District: Stevens Point
Listed By / Shown By
Listed By
Agency Name: FIRST WEBER
Agency Contact: homeinfo@firstweber.com
Shown By
Agent Name: Sandy McKinlay
Agent Phone: (608) 345-2609
Agency Title: Stark Company Realtors
Estimate Your Payment
Estimated Payment
$ 9,562.91 per month $7,397.54 Principal & Interest $1,758.50 Property Tax $406.88 Homeowner's InsuranceChange Payment Information
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956-964 Main Street | MLS# 22605417
This multi-family property located at 956-964 Main Street, Stevens Point, WI 54481 is currently listed for sale with an asking price of $1,395,000. 956-964 Main Street is located within the Stevens Point school district. Search Stevens Point real estate on smckinlay.starkhomes.com today.