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Sue Steward
Realtor, GRI, SFR, ABR
REALTOR®, Realtor, GRI, SFR, ABR

0 615th Avenue , Elk Mound, WI 54739

$4,495,000
SQUARE FEET 2,960
MLS# 7143165
  • 0 615th Avenue , Elk Mound, WI 54739 Main Photo

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Sue Steward

Sue Steward
Call: (612) 481-2277

STATUS: Active
PROPERTY TYPE: Commercial - Business
SUBDIVISION: Meadows Edge Apartments
SCHOOL: Elk Mound Area

Property Description

Rare multifamily investment and development opportunity in Elk Mound! This expansive property offers 9 duplex buildings totaling 18 units, a vacant lot, and additional land, creating a unique opportunity for investors, developers, or owners looking to expand their rental portfolio. Each unit offers approximately 1,480 square feet with 3 bedrooms and 2 bathrooms, providing spacious and functional living arrangements.The townhome-style units feature modern finishes including LVT flooring throughout the main living areas, carpeted bedrooms, upgraded kitchen cabinetry, quartz countertops, and stainless steel appliances. Each unit includes a stove, refrigerator, dishwasher, microwave, washer, and dryer. Additional features include gas forced-air heating, central air conditioning, and individual electric water heaters.Each unit offers private exterior access as well as convenient access from the garage. The buildings feature attractive vinyl siding and stone veneer exteriors with asphalt-shingle roofs, creating a clean, modern appearance with low-maintenance appeal.With 18 existing 3-bedroom, 2-bathroom units plus a vacant lot and additional land, this property offers an exceptional combination of existing rental housing and future potential. A unique opportunity to acquire a substantial multifamily portfolio with newer construction, desirable finishes, attached garage access, and additional land for future possibilities.

0 615th Avenue | MLS# 7143165

This commercial property located at 0 615th Avenue , Elk Mound, WI 54739 is currently listed for sale with an asking price of $4,495,000. 615th Avenue is located within the Elk Mound Area school district. Search Elk Mound real estate on ssteward.counselorrealty.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Fuel Type: Propane
Garage: 2
Heating: Forced Air
Lot Size: 22.21 Acres
Roof Type: Age 8 Years or Less, Asphalt
Stories: 1.0
Taxes: $0
Year Built: 2022

Feature Descriptions

Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Washer
Basement: None
Current Use: Residential, Vacant
Exterior: Frame
Foundation Size: 2960
Handicap Accessible: No Stairs External, No Stairs Internal
Lot Dimensions: 0 x 0
Owners Expense: Grounds Care, Snow Removal
Parcel#: 1700822811183400009
Parking: Attached Garage
Road Frontage: Private Road
Sale Includes: Building, Fixture/Equipment, Land
Sewer: Mound Septic, Septic System Compliant - Yes, Shared
Tenant Expenses: All Utilities
Units: 18
Utilities: Electric Separate, Heating Separate, Hot Water Separate
Water: Shared System, Well

Local Schools

School District: Elk Mound Area

Listed By / Shown By

Listed By

Agency Name: Chippewa Valley Real Estate, L
Agency Phone: 715-514-5440

Shown By

Agent Name: Sue Steward
Agent Phone: (612) 481-2277
Agency Title: Counselor Realty

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