a Berkshire Hathaway affiliate

$1,175,000

105 W 3rd Avenue, Osceola


105 W 3rd Avenue Osceola, WI 54020

For Sale MLS# 5333214

10,500 sq ft Commercial

Data current as of {{getLocalTime('2019-12-08T00:35:51Z')}}

Details

MLS# 5333214

Description for 105 W 3rd Avenue, Osceola, WI, 54020


ONCE IN A LIFETIME OPPORTUNITY TO OWN THIS FIRE-PROOF BUILT HISTORIC 20-UNIT BUILDING! ONCE THE HOTEL OSCEOLA, NOW A RENOVATED MARKET RATE APARTMENT COMPLEX. CURRENT AVERAGE IN PLACE RENTS OF $662 W/ HUGE POTENTIAL TO INCREASE RENTS TO MARKET $775 PER UNIT. STEAM BOILER WAS REPLACED IN 2009, HALF OF THE WINDOWS REPLACED IN 2010. 12 OF THE 20 UNITS HAVE BEEN RENOVATED TO MARKET STANDARDS. TWO OF THE REMAINING EIGHT APTS. NOT RENOVATED ARE GOING THROUGH A COMPLETE DEMO/RENOVATION SET TO BE COMPLETED BEFORE A POTENTIAL CLOSING IN EALRY SPRING. SELLER'S MOTIVATION IN SELLING IS A 1031 TAX EXCHANGE. SEE MARKETING PACKET FOR MORE DETAILS.

Listing Information


Property Type: Commercial, Apartments/Multi Family,Apartments and Retail

Status: Active

Lot Size:

Square Feet: 10,500 sq ft

Year Built: 1917

Foundation: 3,500 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 20

Current Use: Residential

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Polk

Days On Market: 20

HERS Score:

Construction Status: Previously Owned

School Information


District: 4165 - Osceola

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Appliances: Refrigerator, Range

Flooring:

Basement: Stone, Partial Finished, Poured Concrete, Full

Additional Interior Features: Ceiling Fan(s), Hardwood Floors, Tiled Floors

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Common,Electric Common,Hot Water Common

Other Utilities:

Cooling: Window

Heating: Steam, Natural Gas

Exterior / Lot Features


Parking Spaces: 15

Parking Description: Paved Lot

Exterior: Stucco, Brick/Stone

Roof: Flat, Age Over 8 Years

Lot View:

Lot Dimensions: 80 x 100

Farm Type:

Crop Type:

Zoning: Residential-Multi-Family

Additional Exterior/Lot Features: Corner Lot, Road Frontage - City

Soil Type:

Tillable Acres:

Community Features


Security Features: Security Building

Complex Features: Coin-op Laundry Owned

Pets Allowed: No

Association Name:

Driving Directions


On the Northwest corner of Main Street and 3rd Ave. in Downtown Osceola, WI

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Broadband

Owner Pays: Taxes,Insurance,Water/Sewer,Electric,Fuel,Maintenance/Repair,Trash,Snow,Lawn

Annual Income: $152,127

Annual Expense: $39,684

Ownership Type:

Tax/Property ID: 165000630000

Tax Amount: $7,890

Tax Year: 2019

HomeStead Description: Non-Homesteaded

Price Changes


$1,175,000 Original Price
$1,175,000 Current Price
+$0 Total Change
Date Price Change
11/16/2019 07:48 PM $1,175,000

Sales History

Date Price Change
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Tax Summary

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Estimated Market Value Taxable Market Value Total Tax
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Schools nearby 105 W 3rd Avenue

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings