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405 E Truth St APT 1, Shullsburg, WI, 53586

10beds
4baths
3,500sqft
$1,599,000
$457price/sqft
$10,945/moest. monthly cost
$437,800/yrincome needed

About This Home

Grow your investment portfolio with this 12-unit multifamily opportunity featuring four townhouse-style buildings in a quiet rural setting just outside Shullsburg. An ideal fit for the investor ready to move from owning a few rental properties to a larger income-producing asset. Built with low-maintenance slab-on-grade construction, the property also features a newer roof, several updated units, accessible units and parking, private 4' x 6' storage for each tenant, approximately 25 off-street parking spaces, and a shared laundry facility with two newer coin-operated washers and dryers recently added by the owner. Convenient on-site maintenance help is available if desired. Located about 30 minutes from Dubuque and 25 minutes from Platteville, this is an excellent opportunity to expand your rental portfolio. See the Offering Memorandum in the MLS documents for additional financial details.

Getting Around

36
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

5/10
Shullsburg Elementary SchoolGrades PK-50.3 mi
5/10
Shullsburg Junior High SchoolGrades 6-80.3 mi
8/10
Shullsburg High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1993

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven (Unit 1),Refrigerator (Unit 1),Range/Oven (Unit 2),Refrigerator (Unit 2),Range/Oven (Unit 3),Refrigerator (Unit 3)
  • Laundry features: Common Area

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Family/Rec Room (Unit 1),Dining Room (Unit 1),Separate Storage (Unit 1),Family/Rec Room (Unit 2),Dining Room (Unit 2),Separate Storage (Unit 2),Family/Rec Room (Unit 3),Dining Room (Unit 3),Separate Storage (Unit 3)

Heating & Cooling

  • Heating features: Natural Gas,Forced Air,Individual Heat Control (Unit 1),Individual Heat Control (Unit 2),Individual Heat Control (Unit 3)
  • Cooling features: Air Conditioning (Unit 1),Air Conditioning (Unit 2),Air Conditioning (Unit 3)

Interior Area

  • Total structure area: 3,500
  • Total interior livable area: 3,500 sqft

Property

Details

  • Parcel number: 28105500000
  • Zoning: R-5
  • Exclusions: Tenant AC units

Features

  • Levels: Two
  • Patio & porch: Balcony/Patio (Unit 1),Balcony/Patio (Unit 2),Balcony/Patio (Unit 3)

Lot

  • Lot size: 2.04 Acres

Parking

  • Total spaces: 24
  • Parking features: 2 spaces,Outside,Asphalt,Extra space available,Off Street,Parking Lot,Paved