1920 4Th Ave Baldwin, WI 54002

Property Details for 1920 4Th Ave

Year built

2000

Lot size

1.43 lot acres

Property type

Commercial real estate

Description

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.

Location Insight

City

Baldwin

County

SAINT CROIX

State

Wisconsin

Longitude

-92.36909

Latitude

44.95387