For Sale: Baldwin MLS# 6635507
Active Contingent
$1,000,000
Commercial: Apartments
Built 2000
1.43 acres
Baldwin-Woodville Area schools
MLS# 6635507
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Property Description
This well-maintained 6-plex in Baldwin, WI, offers a lucrative investment opportunity with six spacious units, each featuring two large bedrooms, one bathroom, a patio, big backyard and an attached two-car garage. Recently remodeled within the last three years, the units are attractive to quality tenants, with all utilities paid by the tenants, minimizing owner responsibilities. The owner covers lawn care, snow removal, maintenance, insurance, and taxes. Located in a vibrant community near local amenities, this property promises strong rental income potential and is perfect for both seasoned investors and newcomers to the rental market.
Listing
Listing Status:
Active Contingent
Contingency:
Without Bump Clause (WI Only)
List Price:
$1,000,000
Property Type:
Commercial
City:
Baldwin
Garage Spaces:
12
County:
St. Croix
Year Built:
2000
State:
WI
Property Style:
Apartments
Zip Code:
54002
Interior
Ranges:
Six or More
Refrigerators:
Six or More
Appliances Included:
- Dishwasher
- Microwave
- Range
- Refrigerator
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
12
Other Parking Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
6,462 ft2
Foundation Dimensions:
38x168
Handicap Accessible:
No Stairs External, No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Attached Garage
Shared Amenities:
None
Unit Amenities:
- Ceiling Fan(s)
- Main Floor Primary Bedroom
- Patio
- Washer/Dryer Hookup
Road Frontage:
City Street
Exterior Material:
Vinyl Siding
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
1.43
Geolocation:
44.953968, -92.369003
Inclusions:
Building, Land, Leases
Lot Dimensions:
244 x 220 x 214 x 122 x 99 x 89 x 30
Zoning:
Business/Commercial
Farm
Topography:
Level
Schools
School District:
231
District Phone:
715-684-3411
Expenses
Annual Insurance Expense:
$9,000
Annual Gross Expense:
$20,212
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$9,652
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$9,652
Income
Annual Gross Income:
$81,600
Rent
Annual Net Income:
$61,388
Units
Total Units:
6
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Property Executives Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.