401 S Iowa Street, Dodgeville, WI 53533
401 S Iowa Street, Dodgeville, WI 53533
401 S Iowa Street, Dodgeville, WI 53533
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Listed by Potterton Rule Real Estate LLC • Off: 608-935-2396
$525,000
Est. payment /mo
6 Beds
4 Baths
0.29 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Apartment building

Listing Status Active

Purchase Type For Sale

Subdivision Burrall'S Addition

MLS Listing ID 2029259

Bedrooms 6

Full Baths 4

Year Built 1888

Annual Tax Amount $4,155

Tax Year 2024

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Apartment building

Property Description

Classic Second Empire-style 6-unit investment property offering character and excellent income potential. The unfinished third story presents an opportunity to create additional living space for rental income (subject to buyer verification and local approvals). Coin-operated laundry in the basement provides additional revenue. Two units have recently been refreshed and are vacant, giving the new owner an opportunity to set market rents. The majority of the roof has been replaced. All current tenants are on month-to-month leases, allowing flexibility for future plans. Parcel 216-0116 is not included in the sale; however, the purchaser will have the first opportunity to buy that parcel should it become available in the future.

Location

State WI

County Iowa

Area Dodgeville - C

Zoning Commercial

Direction Head south through Dodgeville on hwy 23, property is on the southeast corner of the Clearance and Iowa St intersection.

Rooms

Basement Partial, Other foundation

Interior

Heating Radiant

Inclusions 6 Refrigerators, 6 Range/ovens, Washer, Dryer

Heat Source Natural Gas

Exterior

Parking Features Outside

Utilities Available Separate gas meters

Building

Water Municipal sewer, Municipal water

Structure Type Wood,Brick

Schools

Elementary Schools Dodgeville

Middle Schools Dodgeville

High Schools Dodgeville

School District Dodgeville


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South Central Wisconsin MLS (SCWMLS)

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Angela Ketelsen

Angela Ketelsen

+1(815) 980-0144

Agent | License ID: 475192585

Agent License ID: 475192585

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401 S Iowa Street