1700 Monroe Street, Stevens Point, WI

$480,000

9,121

Square feet

0.19

Acres

About 1700 Monroe Street

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

Features of 1700 Monroe Street

MLS® # 1598325
Price $480,000
Square Footage 9,121
Acres 0.19
Year Built 1900
Type Commercial
Sub-Type Commercial
Status Active

Community Information

Address 1700 Monroe Street
City Stevens Point
County Portage
State WI
Zip Code 54481

Amenities

Is Waterfront No
Has Pool No

Interior

Interior Features Storage
Heating Hot Water
Cooling None
Fireplace No
Basement Full

Exterior

Construction Stone, Vinyl Siding

School Information

District Stevens Point Area

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $4,002
Tax Year 2024
Agent Daniel Garza
Office Prosper Real Estate

Listing Details

OfficeProsper Real Estate

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