WI > Stevens Point
Stevens Point, WI 54481,2217-2225 SIMS AVENUE
Stevens Point, WI 54481,2217-2225 SIMS AVENUE
Stevens Point, WI 54481,2217-2225 SIMS AVENUE
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$649,900
Est. payment /mo
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20 Beds
5 Baths
5,016 SqFt
Contingent

2217-2225 SIMS AVENUE Stevens Point, WI 54481

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O'Connor Realty Group

O'Connor Realty Group

+1(715) 823-5144

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Contingent

Purchase Type For Sale

Square Footage 5,016 sqft

Price per Sqft $129

MLS Listing ID 22503537

Style 2 Story

Bedrooms 20

Year Built 1910

Tax Year 2024

Lot Size 0.343 Acres

Acres 0.343

Property Sub-Type Other

Property Description

Location, Location, Location! Well maintained and turn-key student rental opportunity half a block from the UWSP DUC. The property consists of two buildings on two adjacent parcels. The 2217-2219 building features two units, 5 bedrooms each. The 2221-2225 building features two 4-bedroom units, and one 2 bedroom unit. All bedrooms are filled for the 2025-2026 school year at $1,780/student/semester, for an impressive annual gross rent of $71,200. Tenants pay all utilities, keeping operating costs low. Fantastic onsite amenities with a well maintained asphalt parking lot, backyards, two detached garages, large basements, tenant storage, and onsite coin-op laundry for additional income. The properties have been well cared for many years with no major outstanding deferred maintenance needs. Full list of property updates is available by request. Family owned for 35 years, sellers report NO VACANCIES during that entire period of ownership. Truly a can't miss investment opportunity sure to generate consistent income for many years to come, schedule your showing today!

Location

State WI

County Portage County

Area Stevens Point

Rooms

Basement Block, Stone

Interior

Interior Features Ceiling Fan(s), Smoke Detector, Cable Hookup, Window Treatments, Carpet, Vinyl Floors

Hot Water Natural Gas

Heating Forced Air

Appliance Refrigerator, Range, Washer, Dryer

Laundry Available On Site, Coin-Op Dryer, Coin-Op Washer, Common Laundry Area

Exterior

Parking Features Detached

Garage Spaces 4.0

Roof Type Shingle

Building

Lot Description The taxes above are for both parcel numbers combined. Parcel number 281-24-0833201303 taxes are $6, 422.69 for 2024 and parcel number 281-24-0833201302 taxes are $6, 205.29 for 2024.

Sewer Pb Sewer/Pb Water

Water Separate Meter

Others

Tax ID 281-24-0833201303

Energy Description Natural Gas

Listed by KPR BROKERS, LLC

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agent

O'Connor Realty Group

Business | License ID: 31657-91

+1(715) 823-5144

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