4750 8th Street South, Wisconsin Rapids, WI 54494
0 Units
$1,800,000
Sold

4750 8th Street South, Wisconsin Rapids, WI 54494

$1,800,000

$1,800,000

Features

  • Multi-Family
  • Status: Sold
  • Total Number of Units: 0
  • Garage Type: None
  • Estimated Age: 21+ Years
  • Square Feet: 0
  • Est. Lot Size: 2.19
  • School District: Wisconsin Rapids
  • County: Wood
  • MLS#: 22205330
  • Listing Company: Exp Realty, Llc - [email protected]
  • Zip Code: 54494

Property Description

4750 8th Street South, Wisconsin Rapids, WI 54494 - This 2.18 Acre Parcel Is Prime Location...located Near Walmart & Kwik Trip, Within 15 Minutes Of Multiple Prime Waterski Lakes & Golf Including Pga Recognized "sand Valley Golf Course." It Includes A Modern 3-Bedroom 1 Bath Apartment, 29 Units Efficiency Units. This Property Has The Traffic To Expand On The Complex Or Repurpose The Property To Utilize The High Traffic Corner Lot. This Complex Has Been Beautifully Maintained & Updated Over The 40 Years The Seller Has Owned The Building. The Owner Currently Has Maintained Consistent No-Vacancy, With A Waiting List For Future Bookings. The Seller'S Current Strategy Has Been To Operate As A Mid-Term Rental. Targeting Construction, Transient, And Seasonal Workers With A Stay Duration From A Few Weeks To A Few Months. The Property Is Currently Exempt From Motel Style Taxes Due To Occupancy Style, As Well As Lower Vacancy And Management Expenses.

  • Additional features

    Interior Features

    • Water Waste: Municipal Sewer, Municipal Water
    • Appliances Included: Dishwasher, Microwave, Range/Oven, Refrigerator

    Building and Construction

    • 1 Story, Complex
    • Roof: Flat, Shingle
    • Exterior: Patio, Pool(s), Porch
    • Construction Type: E

    Land Features

    • Waterfront/Access: N
    • Lot Description: 2.19
  • Property History
    MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
    22205330 Sold ActiveWO May 26 2023 12:00AM $1,800,000 150
    22205330 Sold ActiveWO May 26 2023 12:00AM $1,800,000 150
    22205330 ActiveWO Active Apr 22 2023 4:09PM 150
    22205330 Active Oct 24 2022 4:09PM $2,500,000 150
    400948 Expired Feb 24 2006 12:00AM $2,000,000 732
  • Schools
  • Demographics
  • Market Conditions
Directions To 4750 8th Street South, Wisconsin Rapids, WI 54494

Buyer understands that the information which is contained on Data pages is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. REALTOR *MLS* Equal Housing Opportunity

Home Valuation Report