Bought with Briggs Realty Group, Inc
$350,000
$350,000
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238 E Madison Avenue Milton, WI 53563
17,279 SqFt
Key Details
Sold Price $350,000
Property Type Commercial
Sub Type Day care,CBRF
Listing Status Sold
Purchase Type For Sale
Square Footage 17,279 sqft
Price per Sqft $20
MLS Listing ID 1948694
Sold Date 11/29/23
Annual Tax Amount $17,757
Tax Year 2022
Lot Size 0.740 Acres
Acres 0.74
Property Sub-Type Day care,CBRF
Property Description
Great investment potential within this mixed use R3 property. 15,387 square feet finished building w/approx age of original structure in 1900. Age of additions are 1986 and 1992. 4 units; one is a 2030 sq ft, 4 bedroom, 2 bath home/apartment, another is a 1599 sq ft, 3 bedroom 1 bath apartment (currently leased), the third is a 4172 sq ft daycare area (currently leased), and the fourth is a 8754 sq ft, 15 room CBRF (Community Based Residential Facility) that is ready to lease and operate. P&L, rent roll and past appraisal on file once a NDA is signed. Great location in Milton with numerous opportunities. All ages and square feet are approximate. Buyer may have an inspection for piece of mind, however due to the short sale the seller will not be able to perform any repairs.
Location
State WI
County Rock
Area Milton - C
Zoning R3
Direction East Madison Ave
Rooms
Basement Full, Walkout/Outside entrance, Poured concrete foundatn
Interior
Heating Forced air, Central air
Cooling Forced air, Central air
Exterior
Parking Features 11-20 spaces
Roof Type Composition
Building
Story 2
Water Municipal water, Municipal sewer
Structure Type Wood,Vinyl
Others
SqFt Source Appraiser
Energy Description Natural gas
Acceptable Financing Short sale
Listing Terms Short sale
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