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Listed by Andrew Bollmeier Keller Williams Thrive-Caledonia
$1,495,000
Est. payment /mo
10,000 SqFt
Active
643 Meadow Ln Burlington, WI 53105
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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $149
MLS Listing ID 1941421
Annual Tax Amount $6,972
Tax Year 2024
Acres 0.69
Property Sub-Type Commercial/Industrial
Property Description
1-unit townhouse style apartment building. All units on a single level with private entries. 9 units are 1 BR 1BA 2 units are 2BR 1 BA. All brick building. Each apartment has in unit laundry. Great rental history with barely any vacancies. Many units have been updated. Private patios overlooking wooded park land. Great location in Burlington close to Brown's Lake, downtown, Gateway, Burlington High School, and more. Recent rents in 4 of the units have increased by a combined $280 providing additional cash flow at no additional expense. Room to increase others as well.
Location
State WI
County Racine
Zoning RES
Direction Durand Ave (E State St) to McCanna Pkwy south to Meadow Ln West to property
Rooms
Basement Crawl Space, Full
Interior
Inclusions 11 refrigerators, 11 ovens, 11 washers, 11 dryers
Exterior
Roof Type Composition
Total Parking Spaces 22
Exclusions Seller's and tenant's personal property
Building
Building Description Brick,Wood, Other
Sewer Municipal Sewer
Water Municipal Water
Structure Type Brick,Wood
Others
Tax ID 206031933250380
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