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Lisa Fabiano

lisa.fabiano@exprealty.com +1(262) 818-4578

Listed by reThought Real Estate

$ 520,000

Est. payment -/mo

Save

Pending

116 W Main STREET Wales, WI 53183

3,180 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,180 sqft

Price per Sqft $163

Municipality WALES

MLS Listing ID 1905614

Year Built 1895

Annual Tax Amount $4,597

Tax Year 2024

Lot Size 6,534 Sqft

Property Description

Rare opportunity to own this well maintained four family in Wales. This well-maintained 4-family building features two 1-bedroom units and two 2-bedroom units, one of which includes an office space and a spacious loft above the 2-car garage. Generating $3,400/month with plenty room to increase has long-term, month-to-month tenants, this property offers steady income. No water bill thanks to a well, stamped as good in 2024. Recent updates include a 5-year old roof, 7-year old furnace, loft recently finished and three water heaters replaced in 2022. Solid foundation, clean building, and a prime location make this a fantastic addition to any portfolio! All electrical boxes and windows are newer.Building is zoned as non-conforming commercial B2. Will be re-zoned as residential in July.

Location

State WI

County Waukesha

Zoning RES

Rooms

Basement Full

Interior

Interior Features Water Softener

Heating Natural Gas

Cooling Forced Air, Hot Water/Steam

Inclusions 4 refrigerators, 4 oven/ranges

Exterior

Parking Features Indoor Space

Building

Dwelling Type Apartment Building

Sewer Municipal Water, Private Septic System

Structure Type Aluminum/Steel,Aluminum,Partial-Aluminum,Vinyl

New Construction N

Schools

Elementary Schools Wales

Middle Schools Kettle Moraine

High Schools Kettle Moraine

School District Kettle Moraine

Others

Acceptable Financing Exchange

Listing Terms Exchange

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 4

5

Wales Elementary School

Public | PK - 5
5

Magee Elementary School

Public | PK - 5
0

St Paul School

Private | PK - 8
0

Km Explore

Public | KG - 5

High Schools 3

8

Km Global School

Public | 9 - 12
8

School for Arts and Performance

Public | 9 - 12
5

Kettle Moraine High School

Public | 9 - 12

School and business data provided by Attom Data.