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503 Lincoln Avenue, Rio, WI 53960
$230,000
503 Lincoln Avenue, Rio, WI 53960View this property at 503 Lincoln Avenue, Rio, WI 53960
503 Lincoln AvenueRioWI53960
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Property Description
A must see investment opportunity which can easily and conservatively pull $950+ per unit! This awesome 2-flat duplex was converted from a beautiful, enormous Victorian home situated on a nearly acre lot, and has a shared 3-car garage! The inside downstairs unit is a 2 bed, 1 bath and still has much of the original woodwork, original hardwood floors, high ceilings and newer windows throughout. Upstairs unit is wide open with 2 beds + office, 1 bath and has a private balcony and a storage room! With some TLC to the siding, you can restore the exterior to its original beauty or modernize it into something new! Whether you want to rent both units or owner occupy (house hack!), this is a great opportunity to start or add to your portfolio! Or easily converted back to a single family home!
Full Property Details
Full Property Details for 503 Lincoln Ave
General
- Sold For: $230,000
- Taxes: $4,011 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 1965812
- Added to Site: 191 day(s) ago
Interior
- Interior Features: Water Softener
Parking
- Garage: Yes
- Garage Spaces: 3
- Garage Description: 1 Car, 2 Car
Location
- Municipality: Rio
- County: Columbia
- Driving Directions: Hwy 51/22 N of Deforest. Right on Cty B to Rio. R on Hwy 16, L on Lincoln
School Information
- School District: Rio
- Elementary School: Rio
- Middle School: Rio
- High School: Rio
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
Structural Information
- Description/Design: 2 Stories, 2 Flat Up and Down
- Exterior Const.: Wood
- Basement Desc.: Partial
Unit Information
- Units in Building: 2
Unit 1
- Square Feet: 1545
- Bedrooms: 2
Unit 2
- Square Feet: 1586
- Bedrooms: 2
- Primary Bedroom: Upper Level, 16 x 13
- Bedroom 2: Upper Level, 12 x 12
- Living Room: Upper Level, 16 x 16,
- Kitchen: Upper Level, 15 x 14,
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: Res
Financial Considerations
- Tax Amount: $4,011
- Tax Year: 2022
Disclosures and Reports
- Exclusions: seller personal property
- Inclusions: 2 ranges, 2 refrigerators, 2 microwaves, 2 washers, 2 dryers, 4 window a/c units, 1 water softener
Listed by Stark Company, REALTORS
Sold by Century 21 Affiliated
Get Pre-Approved Today
Schools
Schools serving 503 Lincoln Ave
School District:Rio Community School District
Rating | Name | Grades | Distance |
---|---|---|---|
355 Lowville Rd, Rio, WI 53960 | PK-5 | 0.3 mi | |
411 Church St, Rio, WI 53960 | 6-12 | 0.3 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 503 Lincoln Ave
Date
Details
Price
Change
Source
1/15/2024
Sold
$230,000
-4.17%
MLS
10/26/2023
Listed
$240,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
503 Lincoln Avenue, Rio, WI 53960 (MLS# 1965812) is a Multi-Family property that was sold at $230,000 on January 15, 2024. Want to learn more about 503 Lincoln Avenue? Do you have questions about finding other Multi-Family real estate for sale in Rio? You can browse all Rio real estate or contact a Coldwell Banker agent to request more information.