812 4th St
Algoma, WI 54201
4th Street 4-plex · Multifamily Property For Sale · 4 Units
PROPERTY FACTS
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.26 AC |
| Building Size | 3,280 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1940 |
| Parking Ratio | 1.83/1,000 SF |
ABOUT 812 4TH ST , ALGOMA, WI 54201
4 unit apartment building on Algoma's "main street" (4th St.) with a beautiful, unobstructed view of Lake Michigan from every unit. Each has it's own private deck and off-street parking. Two lower units (2-bedroom and efficiency unit ) have been completely redone and 1 bedroom unit upstairs has had updates. Renters have been long-term tenants and this property comes with instant income.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $400.00 | - |
| 1+1 | 1 | $475.00 | - |
| 2+1 | 2 | $537.50 | - |
PROPERTY TAXES
| Parcel Number | 201-00330-2720 | Improvements Assessment | $170,200 |
| Land Assessment | $22,500 | Total Assessment | $192,700 |
ZONING
| Zoning Code | G-2 |
