Listing Office: Real Broker LLC - Pref: 608-235-0431

219 Lincoln Avenue, Rio, WI

$574,900

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About 219 Lincoln Avenue

You Can't Tell A Book By Its Cover! - Just 10 mins from New ABS Facility. This grand brick 4-unit apart bldg is a turnkey investment with opportunity with strong upside potential. 3 of the units have been beautifully renovated & all are constantly rented.Unit sizes are generous: #1 1500 sf, #2 & 3 2500 sf each, efficiency is 400 sf with 1200 sf of addtl space that could be renovated into living space. In-unit Washer/dryers, #3 has large covered balcony, newer Thermopane windows, newer rubber roof 2018, mansard singles 2000(front), appliances & hot water htrs(2020-2025), workout room, LL workshop & large storage area, detached 2 car gar.Rents are currently under market, offering immediate value-add potential. Just 20 minutes to Sun Prairie. Measurements are approx.

Features of 219 Lincoln Avenue

MLS® # 2001053
Price $574,900
Year Built 1902
Type Multi Family
Status Active
Detailed Status Active
Net Taxes $5,600
Tax Year 2024

Community Information

Address 219 Lincoln Avenue
Area RIO - V
City Rio
County Columbia
State WI
Zip Code 53960

Amenities

Interior

Heating Forced air

Exterior

Exterior Brick, Stone

School Information

District Rio
Elementary Rio
Middle Rio
High Rio

Additional Information

Zoning commercial
Foreclosure No
Short Sale No
RE / Bank Owned No
Assessed Value $274,400
Year Assessed 2024

Open House Information

Listing Details

OfficeReal Broker LLC
Contact InfoPref: 608-235-0431

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