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Listed by The Raven Team • Chippewa Valley Real Estate, LLC
$ 4,495,000
Est. payment /mo
Active
E7822-E7887 615th AVE Elk Mound, WI 54739
26,640 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 26,640 sqft
Price per Sqft $168
Subdivision Meadows Edge Twnhms
MLS Listing ID 1605052
HOA Y/N No
Abv Grd Liv Area 26,640
Year Built 2022
Annual Tax Amount $47,088
Tax Year 2025
Lot Size 22.210 Acres
Acres 22.21
Property Sub-Type Commercial
Property Description
Rare multifamily investment and development opportunity in Elk Mound! This expansive property offers 9 duplex buildings totaling 18 units, a vacant lot, and additional land, creating a unique opportunity for investors, developers, or owners looking to expand their rental portfolio. Each unit offers approximately 1,480 square feet with 3 bedrooms and 2 bathrooms, providing spacious and functional living arrangements.
The townhome-style units feature modern finishes including LVT flooring throughout the main living areas, carpeted bedrooms, upgraded kitchen cabinetry, quartz countertops, and stainless steel appliances. Each unit includes a stove, refrigerator, dishwasher, microwave, washer, and dryer. Additional features include gas forced-air heating, central air conditioning, and individual electric water heaters.
Each unit offers private exterior access as well as convenient access from the garage. The buildings feature attractive vinyl siding and stone veneer exteriors with asphalt-shingle roofs, creating a clean, modern appearance with low-maintenance appeal.
With 18 existing 3-bedroom, 2-bathroom units plus a vacant lot and additional land, this property offers an exceptional combination of existing rental housing and future potential. A unique opportunity to acquire a substantial multifamily portfolio with newer construction, desirable finishes, attached garage access, and additional land for future possibilities.
The townhome-style units feature modern finishes including LVT flooring throughout the main living areas, carpeted bedrooms, upgraded kitchen cabinetry, quartz countertops, and stainless steel appliances. Each unit includes a stove, refrigerator, dishwasher, microwave, washer, and dryer. Additional features include gas forced-air heating, central air conditioning, and individual electric water heaters.
Each unit offers private exterior access as well as convenient access from the garage. The buildings feature attractive vinyl siding and stone veneer exteriors with asphalt-shingle roofs, creating a clean, modern appearance with low-maintenance appeal.
With 18 existing 3-bedroom, 2-bathroom units plus a vacant lot and additional land, this property offers an exceptional combination of existing rental housing and future potential. A unique opportunity to acquire a substantial multifamily portfolio with newer construction, desirable finishes, attached garage access, and additional land for future possibilities.
Location
State WI
County Dunn
Rooms
Basement None
Interior
Heating Forced Air
Cooling Central Air
Flooring Carpet
Fireplace No
Exterior
Exterior Feature None
Water Access Desc Shared Well,Well
Building
Foundation Poured
Sewer Mound Septic, Shared Septic, Septic Tank
Water Shared Well, Well
Schools
School District Elk Mound Area
Others
Tax ID 1700822811183400010