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Listed by Jason Zellner Zellner Real Estate
$449,900
4,984 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Rent
Square Footage 4,984 sqft
MLS Listing ID 1962069
Annual Tax Amount $3,444
Tax Year 2025
Lot Size 3 Sqft
Acres 3.31
Property Sub-Type Commercial/Industrial
Property Description
Multi-Family Investment & Development Opportunity between FDL & Plymouth! This former school was converted to a 5 Family Apartment and sits on a 2 Acre Parcel w/ Plenty of Space to Build more Rental Properties to increase Cash Flow. The units consist of 1-2 BR Unit, 3-1 BR Units, and an Efficiency on the Main Floor and the Lower Level is currently used for personal storage but can be used as Offices or tenant usage to increase rents. 4 of the Units have separate meters but the Landlord currently pays utilities. All units are currently occupied with long term tenants and rents are $3,430/month. The 1.2 acre triangle lot between Cty Rd B & Armstrong Rd is used for the septic system and is not buildable but can be used for recreation. Call now to add this to your Portfolio!
Location
State WI
County Fond Du Lac
Zoning B-1
Direction Cty Rd B to Armstrong Rd, North to Address
Rooms
Basement Full
Interior
Cooling Central Air
Inclusions 2 Parcels Totaling 3.31 Acres
Exterior
Roof Type Composition
Total Parking Spaces 10
Exclusions Seller's & Tenant's Personal Property
Building
Building Description Brick, 220 Volt Power,Office(s)
Sewer Septic System
Water Private Well
Structure Type Brick
Others
Tax ID T161419020700500
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