$1,797,625

half baths

1021 Grandview Ave

Tomah, Wisconsin 54660

Closed / MLS #1894653 / Multiple Unit (2-4) / Tomah

Listing information updated 3/26/2025 at 4:41pm

Fantastic value-add opportunity to own this turnkey 16-unit with 16 garages. Incredibly well-kept and managed properties. (5) 1BR units, (9) 2BR units, (2) 3BR units, 16 garages rented at $65/garage. 6 coin-op washers and dryers. Four of the 2BRs have private laundry rooms. New roofs on building and garages. Seller expenses low due to self-managing. Assuming normal expenses and increasing to market rents, property nearly an 8 cap! Market rents show $18,430/mo. Seller financing/Owner financing on 1022 Grandview also available! With full-price offer for 1021 Grandview seller would also lease-option 16-unit at 1022 Grandview(8 garages) at an option price of $1,675,000, $100,000 option fee and interest-only for 24 months. Market rents show $16,500/mo. Seller will manage for 6 months.

Full Features

Exterior Type:

Vinyl

Basement:

None

Cooling System:

Wall/Sleeve Air

Heating System:

Electric, Wall/Sleeve Air

Pool:

Age:

20 Years

Parking Type:

Extra Space Avail.,16 space(s) inside,20 space(s) outside

Water Front:

Square Feet:

N/A

Lot Size:

1.1 acres

Acreage:

1.10

Taxes & Assessments

Tax Amount:

$20,827

Tax Year:

2024

Assessments:

$16

Location

Zip Code:

54660

City:

Tomah

County:

Monroe

Schools

Elementary School:

N/A

Middle School:

Tomah

High School:

Tomah

Full Features Taxes & Assessments Location Schools

Exterior Type:

Vinyl

Basement:

None

Cooling System:

Wall/Sleeve Air

Heating System:

Electric, Wall/Sleeve Air

Pool:

Age:

20 Years

Parking Type:

Extra Space Avail.,16 space(s) inside,20 space(s) outside

Water Front:

Square Feet:

N/A

Lot Size:

1.1 acres

Acreage:

1.10

Listing Office: eXp Realty LLC

Listing Office Phone: 866.848.6990

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