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In-PersonVirtual Tour
$ 480,000
Est. payment /mo
Active
1700 Monroe Street Stevens Point, WI 54481
9,121 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Motel/Hotel/Bed & Brkfst
Listing Status Active
Purchase Type For Sale
Square Footage 9,121 sqft
Price per Sqft $52
MLS Listing ID 1598325
Year Built 1900
Annual Tax Amount $4,002
Tax Year 2024
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Motel/Hotel/Bed & Brkfst
Property Description
Licensed rooming house approved for up to 24 occupants. This historic property features 24+ bedrooms, including several with private bathrooms, while most share updated common bath facilities and a communal kitchen area. The rubber roof has been replaced within the past 10 years, and the windows and siding were updated in 2003. Offering over 7,000 sq. ft. of living space, the building provides strong income potential. Current rents average $400/month per room and include heat, electricity, water, sewer, and Wi-Fi. An excellent opportunity for investors or nonprofit organizations seeking to provide affordable housing while generating steady revenue. We are in the process of repairing all the units. In the process of installing a new boiler. Here are the other virtual tours for the second floor and basement. https://my.matterport.com/show/?m=75Ks2gxQqQY https://my.matterport.com/show/?m=pCjHD63ZETG
Location
State WI
County Portage
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling None, Hot Water
Exterior
Exterior Feature Stone, Vinyl
Building
New Construction N
Others
Virtual Tour https://my.matterport.com/show/?m=3kfZfjn3gZE
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Listed by Prosper Real Estate
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