4750 8TH STREET SOUTH, Wisconsin Rapids WI 54494

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$2,100,000

4750 8TH STREET SOUTH, Wisconsin Rapids, WI 54494

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Welcome to this exceptional property, now generating a substantial gross potential income of $21,000 per month! The current owner has transitioned the property to long-term rentals, managing it like a traditional apartment complex to ensure consistent and reliable income. The property features a versatile unit breakdown to cater to various tenant needs: one spacious 3-bedroom apartment, sixteen kitchenette units, two kitchenette suites, and eleven traditional motel units. Significant updates have been made throughout, including new furnishings, water heaters, windows, and upgraded insulation. High-speed WiFi services all units, and many feature updated flooring for added comfort. Enjoy the convenience of keyless door access in most units. Located on a highly trafficked corner, this property boasts high visibility and easy access to food and shopping, making it a prime choice for tenants. The outdoor pool adds a touch of luxury and relaxation. This property offers a blend of modern amenities and a convenient location, making it a valuable investment opportunity.

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County	Wood County
Elementary School	-
Middle School	-
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MLS number: 22402979

Listing agent: Brian Stearns #89895-94

Listing broker: Exp Realty, Llc (608) 412-0704

Copyright © 2024 Central Wisconsin MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Friday, November 8 2024 at 11:01 a.m. EST

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