Active

1324-1368 South Main Street

Lake Mills WI, 53551

$7,500,000


Active

6 Beds

6 Baths

Multi-family

Built in 2023

Courtesy of Bunbury & Assoc, REALTORS

Great investment opportunity - just recently completed 23 Luxury Townhouse multi-family units, built in the PERFECT location in a small town and conveniently located for one's working or playing. Only 30 minutes to downtown Madison and 55 minutes to downtown Milwaukee. Currently 22 of the 23 units or 95% are currently rented. Either for long term passive income or for the investor that wants a quick high return with selling each individual unit. Seller was approved by City of Lake Mills for final condo plat for individual home sales (seller will record condo plat prior to closing). Buildings are conjoined duplexes (5 4-unit buildings & 1 3-unit building). Property borders the Glacial Drumlin Trl, close proximity to schools. Seller assist in terms of finance. Set up a private showing today!

1974925

MLS ID

May 17, 2024

Updated

Map

1324-1368 South Main Street
Lake Mills WI, 53551

Interior Features

Total Stories

2


Bedrooms

6


Total Bathrooms

6


Full Bathrooms

4


Half Bathrooms

2


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

2.5 Acres


Sewer

Public Sewer

School Information

School District

Lake Mills


High School

Lake Mills


Elementary School

Lake Mills

Other Property Details

Area Name

LAKE MILLS


Taxes

$79,919


Tax Frequency

Annually


Garage

Yes


Garage Spaces

2


Parking

Attached


Parking Total

2


View

No


County

JEFFERSON


Water Source

Public


Pool

No


Zoning

R3-12


Buyer Agency Compensation

1.25%

Courtesy of Bunbury & Assoc, REALTORS, Steve Forrer

IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is supplied by the seller and other third parties and has not been verified. IDX information is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 

Data Source: MetroMLS ©2024 Multiple Listing Service, Inc. – All Rights Reserved

Data last updated 12:39 PM UTC, 5/17/2024

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