Multifamily For Sale

$544,900

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315 E OAK STREET
Edgar, WI 54426

  • – beds
  • – baths
  • – sqft
  • 1972 build
  • on site

Eightplex for sale! Great investment opportunity in Edgar - this 2-story apartment-style property, built in 1972, features nice curb appeal with well-maintained exterior & brick facade, small back concrete patio area, roof (approx. 10 yrs old) and a nice lawn - walking distance to Edgar Softball Park & Oak Street Park, seated on a large 0.66 acre lot. The property offers 8 units each with 2 beds, 1 bath, and 1 covered carport parking stall (additional paved parking spaces as well). Common lower level laundry and 8 storage lockers (1 per unit). Rents range from $580-$660 per unit, approx. $5,000 per month, $60,000+ per year (gross rent income) / the vacant unit rent is currently advertised at $775 - market rents could likely be higher. Each unit is approximately 738 sq ft and features an 11x11 living room, 12x10 eat-in kitchen, 8x5 bathroom, 11x10 bedroom and 12x9 bedroom (measurements are approximate), depending on the location of the unit the room configuration may vary but the sizes are relatively similar.,All units are currently occupied. The heat and water/sewer is currently included in the rent payment (paid by the owner), the electricity is separate (paid by the tenants). Baseboard heating and 1 A/C wall unit for cooling per unit. Water/sewer is approx. $4,000 per year and electricity / gas is approx. $3,000 per year (depending on usage / average provided for estimation purposes). The following appliances are included in the sale - refrigerator x8 and stove x8, dehumidifier x2, washer x1 and dryer x2. Overall, this is a well-maintained property with clean hallways and well-kept lower level mechanical room & common areas. Great opportunity to add to your growing portfolio or start as your next investment. Schedule your showing today!

WIREX_CWBR logo Listing courtesy of WIREX_CWBR / COLDWELL BANKER ACTION

Last checked: Checking… • Last updated Nov 30, 2021 •

MLS# 22103430 —

Amenities & Taxes

The Building

Year Built:
1972
Roofing:
Shingle
Exterior:
Brick/Stone, Vinyl
Building Type:
EightPlex, 2 Story

Interior

Interior Features:
Cable/Satellite Available, Smoke Alarm

Location

Directions:
Hwy29 to H, turn on E Oak
Latitude:
44.927367
Longitude:
-89.960283
Zoning:
Multi-Family
Municipality:
EDGAR
MunicipalityType:
Village

The Property

Property Type:
Multi-Family
Lot Size Text:
190x150

Listing Agent

Contact info:

Taxes

Tax Year:
2020
Total Taxes:
$4,572

The Listing

Virtual Tour

Heating & Cooling

Heating Cooling:
Hot Water
Heat Fuel:
Natural Gas

Utilities

Utilities:
Separate Electric Meters, 1 Gas Meter
Water Waste:
Municipal Water, Municipal Sewer, Master Meter

Schools

Elementary:
Edgar
Middle School:
Edgar
High School:
Edgar
School District:
Edgar

Parking

Garage:
4 Car
Garage Spaces Total:
8.0

Extra Units

Unit 1 Bedrooms:
2
Unit 1 Total Baths:
1.0
Unit 2 Total Baths:
1.0
Unit 1 Full Baths:
1
Unit 2 Full Baths:
1
Unit 2 SqFt:
738
Unit 3 Beds:
2
Unit 3 Total Baths:
1.0
Unit 3 Full Baths:
1
Unit 4 Beds:
2
Unit 4 Total Baths:
1.0
Unit 4 Full Baths:
1
Unit 5 Total Baths:
1.0
Unit 6 Total Baths:
1.0
Unit 7 Total Baths:
1.0
Unit 8 Total Baths:
1.0
Unit 1 SqFt:
738
Unit 2 Beds:
2

Schools

Rating Details

Edgar High School

  • Public
  • 9-12
  • 0.2 mi

Edgar Elementary School

  • Public
  • K-5
  • 0.2 mi

Edgar Middle School

  • Public
  • 6-8
  • 0.3 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Factor

This property has minimal flood risk

This property has a . Although flood risks across the country are changing because of the environment, this property is unlikely to flood over the next 30 years.

Provided by Flood Factor®

Flood Insurance

Recommended: MassiveCert estimates that this property is in FEMA Zone X, which means that flood insurance is recommended, but not required.

Get an instant insurance quote

ClimateCheck

65 /100
  • Storm Risk
  • Very High

15 /100
  • Drought Risk
  • Relatively Low

51 /100
  • Heat Risk
  • High

0 /100
  • Fire Risk
  • Relatively Low

ClimateCheck® ratings reflect hazard risk at a property relative to the rest of the contiguous United States. Ratings are based on projected 2050 risk and the change from historical risk.

A rating of 1 represents the lowest risk; 100 is the highest.

See the full report from ClimateCheck®

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Sale history

Date Event Source Price % Change
6/30/21
Listed / Active WIREX_CWBR $544,900

Finding records…

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