508 4th St Muscoda, WI 53573-8857
This exceptional investment opportunity encompasses two buildings situated on a 0.8-acre lot at 508 and 518 N 4th Street in Muscoda, Wisconsin. The property, totaling 10,764 square feet, underwent a complete renovation in 2022. It features eight individual units, four in each building, all boasting two bedrooms and one bathroom. Each unit benefits from separate utility meters, with tenants responsible for their respective costs. Heating and cooling are provided by efficient forced-air natural gas furnaces with central air conditioning. The property offers substantial income potential, generating over $91,000 in gross revenue during the most recent twelve-month period. Further enhancing the property's value are full basements in each building, equipped with coin-operated laundry facilities and ample storage space. Convenient surface parking is available on-site, supplemented by street parking. The expansive 0.8-acre lot also includes a generous amount of yard and green space. This turnkey multi-unit property presents a rare opportunity for investors seeking a well-maintained, high-yielding commercial investment in a desirable location. The property consists of two tax parcels, ensuring a streamlined ownership experience. This is a must-see for discerning investors.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.