Venenga SpiessTeam
BEDS0
BATHS
SQUARE FEET1,485
MLS#50327876
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLTwo Rivers
Listing Courtesy of:
Shorewest, Realtors
Agency Phone: 9205934100
Property Description
Income-producing multifamily/commercial investment opportunity in Two Rivers! Located on a corner lot along the West Twin River, this property offers excellent visibility, river views, and strong potential for investors or owner-occupants. Features include 1800 sqft of commercial/retail space & office area. Ample parking and two upper apartments: a 2BR/1BA and 1BR/1BA, both with in-unit laundry. Commercial space rents for $1,000/month with a 1-year lease. Residential units include Unit A (2BR) at $650/month and Unit B (1BR) at $785/month. Updates include electrical, plumbing, gas lines, and 1BR renovations. Offering an 8% cap rate with strong cash flow potential. Close to shopping, restaurants, marinas, parks, and Lake Michigan beaches.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Lot Size: 0.16 Acres
Taxes: $2,204
Year Built: 1930
Units
Unit 1:
Bedrooms: 2
Full Baths: 1
Square Footage: 865
Unit 2:
Bedrooms: 1
Full Baths: 1
Square Footage: 620
Master Bedroom Dimensions: 8x11
Living/Great Room Dimensions: 12x26
Kitchen Dimensions: 6x14
Amenities
Porch
Feature Descriptions
Basement: Full, Block
Building: 2 Story, Bi-Level
Data Source: WIREX_RANW
Exterior: Aluminum/Steel, Brick
Heating/Cooling: Forced Air
Heating Fuel: Natural Gas
Parking: Outside
Units: 2
Utilities: Separate Electric Meters
Water/Waste: Municipal Water, Municipal Sewer
Local Schools
School District: Two Rivers
Listed By / Shown By
Listed By
Agency Name: Shorewest, Realtors
Agency Phone: 9205934100
Shown By
Agent Name: Venenga Spiess Team
Agent Phone: (608) 220-8584
Agency Title: Stark Company Realtors
Estimate Your Payment
Estimated Payment
$ 1,890.01 per month $1,617.38 Principal & Interest $183.67 Property Tax $88.96 Homeowner's InsuranceChange Payment Information
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1522 Monroe Street | MLS# 50327876
This multi-family property located at 1522 Monroe Street, Two Rivers, WI 54241 is currently listed for sale with an asking price of $305,000. Monroe Street is located within the Two Rivers school district. Search Two Rivers real estate on vsteam.starkhomes.com today.