220 Portage Wi 53901

Portage, WI 53901

$275,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Income based on Rentals only. Excellent investment opportunity. Keep it as Bar, (closed since 11/2019) Put in a retail shop, Hair salon. It has plenty of sq. footage for office spaces. Restaurant? Opportunities are endless. While you are taking your time for that perfect idea, collect over Twenty Thousand Dollars per year in rent from the 3 apartments. With a nice down payment with today's mortgage rates your payments could be less than the income from the apartments alone. The entire building is...Income based on Rentals only. Excellent investment opportunity. Keep it as Bar, (closed since 11/2019) Put in a retail shop, Hair salon. It has plenty of sq. footage for office spaces. Restaurant? Opportunities are endless. While you are taking your time for that perfect idea, collect over Twenty Thousand Dollars per year in rent from the 3 apartments. With a nice down payment with today's mortgage rates your payments could be less than the income from the apartments alone. The entire building is heated by radiant heat. Boiler is newer. The roof in the back is newer and the front is still in good condition. Seller's have owned property for 30 years. Measurements should be verified if important to buyer. Operating income does not include potential income from the retail space.
  1. Listed by Mike Weyh • Weichert, Realtors - Great Day Group

Property Details for 220 Portage Wi 53901

Zoning
B2

Location

Listing Courtesy of Weichert, Realtors - Great Day Group
Add your commute
LISTING UPDATED: 11/01/2023 12:25 AM

Property Details for 220 Portage Wi 53901

StatusActive
MLS #1912240
Days on Market1048
Taxes$2,347 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeApartment
MLS TypeBusiness/Comm / Apartment building
Year Built999
Lot Size0.06 AC / 2,613 SF
CountyColumbia County

Location

Listing Courtesy of Weichert, Realtors - Great Day Group
Add your commute

Building Information for 220 Portage Wi 53901

Stories-Residences-Year Built999Lot Size0.06 AC / 2,613 SF

Payment Calculator

$1,696 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,501

Property Taxes

$196

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 220 Portage Wi 53901

Summary
Location and General Information
  • C/T/V: City
  • County: Columbia
  • County Qtr Section: Columbia NW
  • Directions: Downtown Portage... From Hwy 33 take Hwy 16 South (Wisconsin St) property on right.
  • Location: Business district, Near Major Highway
  • Mailing City: Portage
  • Municipality: Portage
  • State: WI
  • Zip: 53901
Taxes and HOA Information
  • Net Taxes: $2,347.00
  • Parcel ID: 11271-1183
  • Tax Year: 2020
Property
Property and Assessments
  • Class: Business/Comm
  • Improvements: 88400
  • Land Assess: $5,900.00
  • Miscellaneous: Internet - Cable
  • Total Assess: $94,300.00
  • Total Assess Year: 2020
  • Type: Apartment building
  • Year Built: 999
Lot Information
  • Estimated Total Acres: 0.06
  • Source of Est. Acres: Assessor
  • Source of Year Built: Other
Utilities
  • Fuel: Natural gas
  • Water/Waste: Municipal water, Municipal sewer
Interior and Exterior Features
Exterior Features
  • Exterior: Brick
Interior Features
  • Items Included: Each rental unit includes a range/oven and a refrigerator. Bar has some items that may be included with an offer.
  • Items Excluded: Sellers, tenants personal property
  • Heating/Cooling: Radiant, Central air, Wall AC
  • Features: Alley, Private Restrooms, Residential unit(s), Security system
Multi Family
Income & Expenses Information
  • Net Operating Income: $17,600

Property History for 220 Portage Wi 53901

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 220 Portage Wi 53901

This home is within Portage Community School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 1
Public - K to 5
Public - 2 to 5
Rating
School
Distance
Endeavor Elementary School
PublicPK to 5

Woodridge Elementary School
PublicK to 1

Lewiston Elementary School
PublicK to 5

Muir Elementary School
Public2 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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220 Portage Wi 53901 is for sale in Portage, WI 53901. This property was listed for sale on June 13, 2022 by Weichert, Realtors - Great Day Group, it's currently listed at $275,000. This listing's school district is Portage Community School District. Nearby schools include Endeavor Elementary School, Woodridge Elementary School and Lewiston Elementary School. 220 Portage Wi 53901 is a 0-bed, 0-bath, built in 999.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Weichert, Realtors - Great Day Group

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 11/01/2023 12:25 AM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2024 – WiREx. – All Rights Reserved