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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Listed by KYLE BISSEN • KPR BROKERS, LLC
$649,900
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2217-2225 SIMS AVENUE Stevens Point, WI 54481

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Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Municipality STEVENS POINT

MLS Listing ID 22503537

Style Other

Year Built 1910

Building Age 21+ Years

Annual Tax Amount $12,627

Tax Year 2024

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!,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.

Location

State WI

County Portage

Direction Michigan Ave, W on Sims

Interior

Interior Features Ceiling Fan(s), Smoke Detector(s), Cable/Satellite Available, All window coverings

Heating Natural Gas

Cooling Forced Air

Equipment Refrigerator, Range/Oven, Washer, Dryer

Appliance Refrigerator, Range/Oven, Washer, Dryer

Exterior

Exterior Feature Deck, Porch

Parking Features 4 Car

Garage Spaces 4.0

Utilities Available Separate Electric Meters, Separate Heat, Separate Gas Meters

Roof Type Shingle

Building

Dwelling Type 2 Story

Sewer Municipal Water, Municipal Sewer, Separate Meter

Structure Type Brick/Stone,Vinyl,Aluminum/Steel

New Construction N


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agent

O'Connor Realty Group

Business | License ID: 31657-91

+1(715) 823-5144

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2217-2225 SIMS AVENUE