3 story

duplex for sale

5 views

Listed: 02/13/23

315 South Main Street, Blanchardville, Lafayette County, WI 53516, USA

11 Bed:

1 Bath:

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Price

$ 399,000

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About This Duplex

Old theater ~ Vacant commercial space. Residential units (8@1BR and 3@2BR) are never vacant long. Cash flows nicely as~is but upside potential is huge!! Could use plenty of updating, but many units have been redone. Licensee interest. 48 hour notice. 1st showing 1 unit, basements, hallways, exterior and commercial space. Required As~is Addendum; after acceptance Buyer will have 7 days to inspect all units & cancel contract, thereafter "As~is" sale. 315 SMain= one tax parcel but 2 "buildings" ~ Zwiefel Bldg (theater) and "The Blanchardville." 3 residential units access from back, 8 access from front. 2 basements (mech under theater & flood damaged apt\storage under Blanchardville). Priced at 9% cap rate..

Property Includes

Parking
Storage
Dishwasher
Heating Central Furnace

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Blanchardville Housing & Living

Household Income

Median household income: $54,145

Number of households: 361

The average household income in Blanchardville, WI declined from $56,406 to $54,145 in the past year. This data is an estimate based upon 361 households in Blanchardville, WI.
The chart below presents how household income is distributed in Blanchardville, WI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Blanchardville, WI compared to median property taxes around the country. The prevalent amount of property taxes in Blanchardville, WI equals $2k-$3k , which is more than the national average.