1550 James Drive, Sparta, WI

$2,495,000

18,720

Square feet

1.36

Acres

About 1550 James Drive

Rental property! 4 buildings, 20 - 2 bed, 1 bath units, 13 garages. Well located, great rental history, extremely low vacancy rate, low maintenance costs, tenant paid utilities, and all pet free. These building have been well maintained and updated over the last 20 years. Building D was built in 2020 and is ADA compliant. At that time, concrete for sidewalks was added and the parking lot expanded with new blacktop. Building B and C, windows, decks, doors and entrances have been redone within the last 10 years. All units have washer/dryer hook ups expect the second floor of Building A, however, there is room for a 2 sets of coin operated units on the second floor. All tenants are month to month. A great investment, fully occupied and the ability to raise rents to market rate.

Features of 1550 James Drive

MLS® # 1914956
Price $2,495,000
Square Footage 18,720
Acres 1.36
Year Built 2020
Type Commercial
Sub-Type Commercial
Status Active

Community Information

Address 1550 James Drive
City Sparta
County Monroe
State WI
Zip Code 54656

Amenities

Parking Spaces 40

Interior

# of Stories 2
Stories 2
Basement Crawl Space Only, None

Exterior

Exterior Vinyl
Roof Composition, Rubber

Additional Information

Zoning COM
Foreclosure No
Short Sale No
Taxes $35,733
Tax Year 2024
Agent Tegan Mcclain
Office McClain Realty

Listing Details

OfficeMcClain Realty

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