612-656-1200

11405 Business 53
Solon Springs, WI 54873
MLS #4794444

Multi-Family
  • 4units
  • 5beds
  • 0.5acres
  • 4,000sq ft
$169,000
Est. P&I payment: $645.47/mo
11405 Business 53, Solon Springs, WI 54873
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Description for 11405 Business 53, Solon Springs, WI 54873
The Depot Apartments in the village of Solon Springs. Historic building dating back to the era when vacationers traveled to this area to enjoy the beautiful St. Croix Lake. Walking distance to shopping, bank, restaurants. One level living, inside and outside has been updated and remodeled. High ceilings
MLS #4794444
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My Notes for MLS #4794444

General Features

  • Propery Type: MF
  • Total Number of Units: 4
  • Year Built: 1950
  • Acres: 0.5
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Description: Corner Lot,​Zero Lot Line
  • Lot Dimensions: 171 X 150
  • Status: Active
  • Style: (MF) One Story

Exterior Features

  • Exterior: Wood
  • Fencing: None
  • Road Frontage: County,​Paved Streets,​Curbs,​Sidewalks
  • Parking Characteristics: Detached Garage,​Uncovered/Open,​Driveway - Asphalt,​Driveway - Shared
  • Garage Stalls: 6
  • Roof: Asphalt Shingles,​Age 8 Years or Less

Interior Features

  • Total Finished Square Footage: 4,000
  • Handicap Accessible: None
  • Basement: None
  • Above Ground Finished SqFt: 4,000
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Total Expenses: 100
  • Unit 1 Living Room Level: Main (Ground)
  • Number of Unit: 4
  • Unit 1 Number of Units: 1
  • Unit 1 Total Rooms: 3
  • Unit 1 Finished Square Footage: 400
  • Unit 2 Bath Characteristics: Main Floor Full Bath
  • Unit 2 Full Bath: 1
  • Unit 2 Total Baths: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Dining Room: Living/Dining Room
  • Unit 2 Living Room Level: Main (Ground)
  • Unit 2 Number of Units: 1
  • Unit 2 Total Rooms: 4
  • Unit 2 Finished Square Footage: 800
  • Unit 3 Full Baths: 1
  • Unit 3 Total Baths: 1
  • Unit 3 Bedrooms: 1
  • Unit 3 Living Room Level: Main (Ground)
  • Unit 3 Number of Units: 1
  • Unit 3 Total Rooms: 3
  • Unit 3 Finished Square Footage: 400
  • Unit 4 Bath Characteristics: Main Floor Full Bath
  • Unit 4 Full Baths: 1
  • Unit 4 Total Baths: 1
  • Unit 4 Bedrooms: 1
  • Unit 4 Dining Room: Living/Dining Room
  • Unit 4 Living Room Level: Main (Ground)
  • Unit 4 Number of Units: 1
  • Unit 4 Total Rooms: 3
  • Unit 4 Finished Square Footage: 400

Utilities Features

  • Water: Well
  • Fuel: Natural Gas
  • Heating: Baseboard
  • Unit 2 Appliances: Range,​Refrigerator
  • Unit 2 Air: Window
  • Unit 4 Appliances: Range,​Refrigerator
  • Unit 4 Air: Window
  • Number of Ranges: Four
  • Number of Refrigerators: Four
  • Sewer: City Sewer/Connected

Financial Features

  • Annual rent: 7,200
  • Annual Gross Income: 36,000
  • Annual Caretaker Expense: 1,200
  • Annual Electric Expense: 660
  • Annual Fuel Expense: 2,000
  • Annual Insurance Expense: 2,000
  • Annual Maintenance Expense: 2,000
  • Annual Repair Expense: 2,500
  • Annual Gross Expense: 8,500
  • Total Annual Expenses: 2,200
  • Annual Trash Expense: 550
  • Annual Water/Sewer Expense: 790
  • Unit 1 Monthly Rent: 600
  • Tax Amount: 2,969
  • Tax With Assessments: 2,969
  • Tax Year: 2016
  • Tenant Expenses: Electric,​Cable T.V.

Community Features

  • Municipality: Solon Springs
  • County: Douglas
  • Postal City: Solon Springs (WI)
  • Complex/Development/Subd: The Depot

School Features

  • School District: 5397 - Solon Springs
  • School District Phone: 715-378-2263

Misc Features

  • Construction Status: Previously Owned
  • Foundation Size: 4,000
  • Homestead: No
  • Potential Short Sale: No
  • Zoning: Business/Commercial

Location

 
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Directions to 11405 Business 53, Solon Springs, WI 54873
from Minong north on Hwy 53 to Businss Hwy 53 to the corner of Business Hwy 53 and Cty A in the village of Solon Springs.
The listing information for 11405 Business 53, Solon Springs, WI 54873 was graciously provided by our friends at the listing brokerage, Coldwell Banker East West Rlty

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Wintrust Mortgage
Hudson Murphy
Eagan, MN
(651) 276-2349 Office
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P&I Payment $645.47
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Last Updated 08/17/2017 at 2:48am
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