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$265,000
Est. payment /mo
2,050 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office(s),Apartment building,Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,050 sqft
Price per Sqft $129
MLS Listing ID 2035399
Year Built 1892
Annual Tax Amount $2,389
Tax Year 2025
Lot Size 2,700 Sqft
Acres 0.062
Property Sub-Type Office(s),Apartment building,Retail
Property Description
Three Income Streams in a Great Main Street Location! Take a closer look at 109/113 E Main Street in Stoughton, featuring two commercial rental spaces and a 2-bedroom apartment, offering a mix of commercial and residential income potential. With a combined rental income of $2,220 per month, or $26,640 annually at current rents, this property offers investors an opportunity to own a multi-unit income-producing property in a convenient Main Street location. Numerous updates have already been completed, including remodeled bathrooms, replacement of the sewer line from the lower bathroom to the city line, updated flooring and paint, updated baseboard heating, new upstairs interior doors, and an updated electrical panel. With three rental spaces and improvements already in place, this property is worth a closer look for investors looking to add a versatile commercial and residential property to their portfolio.
Location
State WI
County Dane
Zoning CB
Interior
Heating Natural Gas
Cooling Forced Air, Central Air
Exterior
Roof Type Flat,Rubber/Membrane
Building
Story 2
Sewer Municipal Water, Municipal Sewer
New Construction N
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