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105 3rd Avenue Osceola, WI 54020

$1,175,000

MLS# 1538204

MLS#1538204
  • MLS# 1538204
  • MLS# 1538204
  • MLS# 1538204
  • MLS# 1538204
  • MLS# 1538204
  • MLS# 1538204
  • MLS# 1538204
  • MLS# 1538204
  • MLS# 1538204

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.

Type Re W/Bus Commercial
Zoning Commercial, Residential
School Dist Osceola
County Polk
Lot Size 0 x 0 x
Acreage 0.28 acres
Above Grd 10,500 sq ft
Below Grd
Tax $ / Year $8,083 / 2018
Legal Description Lot 7 and 8 BLK 13 Original Plat V462/356
Features
Basement Full
Cooling Window
Exterior Features Brick, Stone, Stucco
Foundation Poured, Stone
Fuel Source Steam
Heating Hot Water
Occupancy At Closing
Sewer Service City Sewer
Water Service City-Water

Includes

N/A

Excludes

N/A

Listing Agency

Keller Williams Realty Integrity / Hudso

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the NW WI MLS. Real estate listings held by brokerage firms other than RE/MAX Affiliates are marked with the NW WI MLS icon. The information provided by the seller, listing broker, and other parties may not have been verified.

DISCLAIMER: This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is updated every business day. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. Information last updated 4/7/2020.

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