About #1 - 405 E Truth Street
Grow your investment portfolio with this 12-unit multifamily opportunity featuring four townhouse-style buildings in a quiet rural setting just outside Shullsburg. An ideal fit for the investor ready to move from owning a few rental properties to a larger income-producing asset. Built with low-maintenance slab-on-grade construction, the property also features a newer roof, several updated units, accessible units and parking, private 4' x 6' storage for each tenant, approximately 25 off-street parking spaces, and a shared laundry facility with two newer coin-operated washers and dryers recently added by the owner. Convenient on-site maintenance help is available if desired. Located about 30 minutes from Dubuque and 25 minutes from Platteville, this is an excellent opportunity to expand your rental portfolio. See the Offering Memorandum in the MLS documents for additional financial details.
Features of #1 - 405 E Truth Street
| MLS® # | 2029297 |
|---|---|
| Price | $1,495,000 |
| Year Built | 1993 |
| Type | Multi Family |
| Status | Active |
| Detailed Status | Active |
| Net Taxes | $12,446 |
| Tax Year | 2025 |
Community Information
| Address | #1 - 405 E Truth Street |
|---|---|
| Area | SHULLSBURG - C |
| City | Shullsburg |
| County | Lafayette |
| State | WI |
| Zip Code | 53586 |
Amenities
| Utilities | Separate elec meters, Separate gas meters, Sewer Included, Water Included |
|---|
Interior
| Heating | Forced air |
|---|
Exterior
| Exterior | Vinyl |
|---|
School Information
| District | Shullsburg |
|---|---|
| Elementary | Shullsburg |
| Middle | Shullsburg |
| High | Shullsburg |
Additional Information
| Zoning | R-5 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Assessed Value | $627,900 |
| Year Assessed | 2025 |
Open House Information
Listing Details
| Office | REMAX RealPros |
|---|---|
| Contact Info | Off: 608-254-9488 |