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1324-1368 S Main Street Lake Mills, WI $ 7,500,000
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1324-1368 S Main Street
$ 7,500,000
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1324-1368 S Main Street

Lake Mills, WI, 53551
$ 7,500,000
Bedrooms6 Baths4.2 Sq 4,128

Monthly Estimate*

$ 52,390

Listed by Bunbury & Assoc, REALTORS
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Multi-Family Home for sale in Lake Mills, WI

for $7,500,000 with 6 bedrooms and 4 full baths, 2 half baths. This 4,128 square foot home was built in 2023 on a lot size of 2.5.

Great investment opportunity - just recently completed 23 Luxury Townhouse multi-family units, built in the PERFECT location in a small town and conveniently located for one's working or playing. Only 30 minutes to downtown Madison and 55 minutes to downtown Milwaukee. Currently 21 of the 23 units or 91% are currently rented. Either for long term passive income or for the investor that wants a quick high return with selling each individual unit. Seller was approved by City of Lake Mills for final condo plat for individual home sales (seller will record condo plat prior to closing). Buildings are conjoined duplexes (5 4-unit buildings & 1 3-unit building). Property borders the Glacial Drumlin Trail, close proximity to schools, parks, golf course & downtown. Set up a private showing today!

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Multi-Family Active

Price

$ 7,500,000

Bedrooms

6

Full Bath

4

Half Bath

2

Property Type

Multi-Family

Taxes

$ 131,113

Style

Lot Size

2.5

Year Built

2023

Town/City

Lake Mills

County/Region

Jefferson

MLS | Web ID

1974925
Features
Interior
Heating Type Forced air
Basement None
Total Number of Units 23
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General
Total Expenses 194993
Heating Natural Gas
Utilities Separate elec meters Separate gas meters Separate water meters
Zoning R3-12
School District Lake Mills
County Jefferson
Miscellaneous Internet - Cable
Class Multi Family
Net Income 518788
Tax Year 2023
Status Active
Year Built 2023
Directions Hwy 94 to Hwy 89
High School Lake Mills
City Lake Mills
Street Name Main
Elementary School Lake Mills
Middle School Lake Mills
DOM 11
Open House Date No
County Qtr Section Jefferson NW
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Exterior
Exterior Vinyl Wood Stone
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* Excluded Features
List By
Bunbury & Assoc, Realtors

Broker

(608) 852-0735

Phone

sforrer@bunburyrealtors.com

Email

Affordability Calculator

$63,316
Per Month
83%
17%
0%
Monthly Principal & Interest
$52,390
Monthly Property Taxes
$10,926
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1832607 Elementary School
1832277 Middle School
Lake Mills High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/15/2024$7,500,000 Listed Price

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1324-1368 S Main Street, Lake Mills, WI, 53551 is a Multi-Family Home for sale at $7,500,000 with 4,128 sqft and a lot size of 2.5. 1324-1368 S Main Street has 6 bedrooms, 4.2 baths, and was built in 2023. The property's zip code is 53551 which is in Lake Mills, WI

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