This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
4750 8th Street South, Wisconsin Rapids, WI 54494
$1,800,000
4750 8th Street South, Wisconsin Rapids, WI 54494View this property at 4750 8th Street South, Wisconsin Rapids, WI 54494
4750 8th Street SouthWisconsin RapidsWI54494
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
This 2.18 Acre parcel is PRIME LOCATION...located near WALMART & Kwik Trip, within 15 minutes of multiple prime waterski lakes & Golf including PGA recognized "Sand Valley Golf Course." It includes a modern 3-bedroom 1 Bath apartment, 29 units efficiency units. This property has the traffic to expand on the complex or repurpose the property to utilize the high traffic corner lot. This complex has been beautifully maintained & updated over the 40 years the seller has owned the building. The owner currently has maintained consistent no-vacancy, with a waiting list for future bookings. The seller's current strategy has been to operate as a mid-term rental. Targeting construction, transient, and seasonal workers with a stay duration from a few weeks to a few months. The property is currently exempt from motel style taxes due to occupancy style, as well as lower vacancy and management expenses.
Full Property Details
Full Property Details for 4750 8th St S
General
- Sold For: $1,800,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 22205330
- Added to Site: 582 day(s) ago
Interior
- Appliances: Refrigerator, Range/Oven, Dishwasher, Microwave
Exterior
- Exterior Features: Patio, Porch, Pool(s)
Parking
- Garage Description: None
Location
- Municipality: Wisconsin Rapids
- County: Wood
- Driving Directions: On Eighth St
School Information
- School District: Wisconsin Rapids
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
Structural Information
- Description/Design: Complex, 1 Story
- Exterior Const.: Wood
- Roof: Flat, Shingle
Lot Features
- Lot Size (Acres): 2.19
- Zoning: Commercial
Listed and Sold by eXp Realty, LLC
Get Pre-Approved Today
Schools
Schools serving 4750 8th St S
School District:Wisconsin Rapids School District
Rating | Name | Grades | Distance |
---|---|---|---|
611 Two Mile Ave, Wisc Rapids, WI 54494 | PK-5 | 0.8 mi | |
Wisconsin Rapids East Junior High School
311 Lincoln St, Wisconsin Rapids, WI 54494 | 6-12 | 2.4 mi | |
1921 27th Ave S, Wisc Rapids, WI 54495 | 6-8 | 2.6 mi | |
1801 16th St S, Wisc Rapids, WI 54494 | 9-12 | 1.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4750 8th St S
Date
Details
Price
Change
Source
5/26/2023
Sold
$1,800,000
-28%
MLS
10/24/2022
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4750 8th Street South, Wisconsin Rapids, WI 54494 (MLS# 22205330) is a Multi-Family property that was sold at $1,800,000 on May 26, 2023. Want to learn more about 4750 8th Street South? Do you have questions about finding other Multi-Family real estate for sale in Wisconsin Rapids? You can browse all Wisconsin Rapids real estate or contact a Coldwell Banker agent to request more information.