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Listed by Keller Williams Realty-Lake Country
$ 1,495,000
Est. payment | /mo
1.82 Acres Lot
$ 1,495,000
Est. payment | /mo
1.82 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1956392
Year Built 2007
Annual Tax Amount $20,928
Tax Year 2025
Lot Size 1.820 Acres
Acres 1.82
Property Description
Market Square Cottages includes 2 well-maintained 6-unit buildings (2007, 2011 builds) offering ranch-style residences in a highly desirable rental community in central WI. Gross Operating Income: $162,660. Each ~1,000 sq ft unit features single-floor living and all appliances seller-owned, creating strong appeal among long-term residents. Adjacent self-storage facility is available for purchase as an additional investment opportunity. The property is fully occupied with a documented 2-yr waiting list and 4.9 years average tenancy - a testament to tenant satisfaction and community stability. This is a rare opportunity to acquire a stabilized, low-turnover asset with consistent occupancy and strong resident retention in a unique condo-style rental setting. Also MLS #1956392.
Location
State WI
County Waushara
Zoning MP
Rooms
Basement None
Interior
Heating Natural Gas, Wall/Sleeve Air
Cooling Natural Gas, Wall/Sleeve Air
Flooring Unknown
Exterior
Exterior Feature Low Maintenance Trim, Vinyl
Parking Features Indoor Space, Outdoor Space
Building
Dwelling Type Apartment Building,Townhouse
Water Municipal Sewer, Municipal Water
Schools
Middle Schools Parkside
High Schools Wautoma
School District Wautoma Area
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