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    105 3rd Avenue

    Osceola, WI 54020
    • $1,175,000
    • STATUS: Active
    • ON SITE: 212 days
    • MLS #: 1538204
    UPDATED: 42 min ago
    $1,175,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,500
      SQFT
    • $112
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    School District:

    Description

    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.

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    © 2020 Realtors Association of Northwestern Wisconsin. All rights reserved. Information received from other 3rd parties: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor RE/MAX Affiliates nor RANW MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. IDX 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. Data last updated: 2020-07-13T09:38:24.017.
    www.davepetersonrealtor.com/homes/101703887
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    105 3rd Avenue Osceola, WI 54020

    • Price: $1,175,000
    • Status: Active
    • Updated: 42 min ago
    • MLS #: 1538204
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    10,500
    SQFT
    $112
    $/SQFT
    Neighborhood:
    21 - St.Croix And Pierce
    County:
    Polk
    Area:
    21 - St.Croix And Pierce
    School District:
    Osceola
    Property Description
    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.
    Exterior Features

    Waterfront YN No

    Interior Features

    Basement Full Building Area Total 10500 Cooling Window Unit(S) Cooling YN Yes Heating Hot Water Heating YN Yes

    Property Features

    Foundation Details PouredStone Lot Size Dimensions 0 X 0 X Possession Close Of Escrow Property Sub Type Business Sewer Public Sewer Tax Annual Amount 8083 Tax Year 2018 Water Source Public Zoning Description CommercialResidential

    Listing information © 2020 Realtors Association of Northwestern Wisconsin
    Listing provided courtesy of Keller Williams Realty Integrity/Hudson.



    © 2020 Realtors Association of Northwestern Wisconsin. All rights reserved. Information received from other 3rd parties: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor RE/MAX Affiliates nor RANW MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. IDX 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. Data last updated: 2020-07-13T09:38:24.017.
     
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