Excellent investment opportunity in Stevens Point! This well-maintained five-unit, townhouse-style complex is zoned R-4 and currently operated as a successful college student rental property. The units consistently rent approximately one year in advance and are currently leased through summer 2027. Each unit includes Fridge, stove and dishwasher. Every unit also has its own owner-owned, coin-operated washer and dryer, along with an individual air makeup exchanger. Tenants are responsible for water, sewer, and electricity, while the owner pays for heat, garbage, and recycling. The property also offers a private off-street parking lot and a roof replaced approximately 10 years ago. With strong rental demand, established income, and leases already secured through summer 2027, this is a rare opportunity to add a proven multi-unit property to your investment portfolio. Seller financing is not available. Seller is a Wisconsin-licensed real estate agent.
| MLS # | 22603584 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2001 |
| Days On Site | 30 |
| Listing Provided By | FIRST WEBER | ADAM SKIBICKI |
| Acreage | 0.52 |
|---|
| State | WI |
|---|---|
| County | Portage County |
| City | Stevens Point |
| Zip Code | 54481 |
| Area | Stevens Point |
| Subarea | Stevens Point |
| Listing VS Median (in 54481) | |
Price: $1,250,000 low | high Med: $265,000 On site: 30 low | high Med: 77.5 | |
| State | WI |
|---|---|
| County | Portage County |
| City | Stevens Point |
| Zip Code | 54481 |
| Area | Stevens Point |
| Subarea | Stevens Point |
| Listing VS Median (in 54481) | |
Price: $1,250,000 low | high Med: $265,000 On site: 30 low | high Med: 77.5 | |