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    1920 4Th Ave Baldwin, WI 54002

    For Sale
    $1,000,000

    Six-unit, remodeled commercial property with strong rental income.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional six-unit multi-family property, situated on a spacious 1.43-acre lot at 1920 4th Avenue in Baldwin, Wisconsin, presents a compelling investment opportunity. The property comprises six generously sized units, each boasting two large bedrooms, one bathroom, a private patio, and a sizable backyard. A significant advantage is the inclusion of an attached two-car garage with each unit, a highly desirable feature for tenants. All units have undergone recent renovations within the past three years, resulting in a modern and attractive living space that appeals to a high-quality tenant base. This translates to minimal owner responsibilities, as tenants are responsible for all utilities. The property owner currently handles lawn care, snow removal, building maintenance, insurance, and property taxes, ensuring a streamlined management process. The property's location within a thriving community, close to local amenities, further enhances its appeal and contributes to its strong rental income potential. This property is ideally suited for both experienced investors seeking a stable, high-return investment and those new to the rental market looking for a turnkey opportunity. The asking price of $1,000,000 reflects the property's excellent condition, desirable features, and strong potential for long-term profitability. The substantial lot size also offers potential for future expansion or development.

    Property Features for 1920 4Th Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    62,291 SF

    Building Details

    Year Built
    2000
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baldwin
    County
    SAINT CROIX
    State
    Wisconsin
    Longitude
    -92.36909
    Latitude
    44.95387

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    FAQs

    What type of property is this?
    Commercial real estate - Six-unit, remodeled commercial property with strong rental income.
    Where is this commercial real estate located?
    The property is located at 1920 4Th Ave Baldwin, WI.
    What is the asking price?
    The asking price for this property is $1,000,000.
    (715) 381-8297
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1920 4Th Ave Baldwin, WI 54002
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