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104 High Street Mineral Point, WI 53565 Multi Unit - Multiple Active

  • 104 High Street, Mineral Point, WI 53565 Main Photo

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Description

Exceptional mixed-use investment opportunity in the heart of historic Mineral Point. This income-producing property features six fully leased residential apartments generating over $73,800 in annual gross income, plus an established commercial tenant and eight additional office suites offering significant upside through future leasing or reconfiguration. A lower-level garden suite provides additional value-add potential for residential or commercial use. Numerous capital improvements have already been completed, including tuckpointing, structural reinforcements, updated electrical, newer roof, and new deck and stairs, minimizing near-term capital expenses. Located on a high-visibility corner in downtown Mineral Point, this property offers immediate cash flow with excellent long-term appreciation and income growth potential. A rare opportunity for investors seeking a stabilized asset with value-add potential in a thriving historic community.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Iowa
High School: Mineral Point
Listed By:
RE/MAX Preferred 608-574-9145
SCWMLS

Units

Unit 1:
Bedrooms: 2
Full Baths: 1
Parking Description: Street
Square Feet: 1000
Unit 2:
Bedrooms: 2
Full Baths: 1
Parking Description: Street
Square Feet: 900
Unit 3:
Bedrooms: 1
Full Baths: 1
Parking Description: Street
Unit 4:
Bedrooms: 1
Full Baths: 1
Parking Description: Street
$649,900
Est. $4,338/mo

Listing Courtesy of: RE/MAX Preferred
Agency Phone: 608-574-9145
IDX logo


Active
BEDS0 BATHS MLS#2027513
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLMineral Point

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Ruhl&Ruhl Realtors
563.441.1776

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104 High Street, Mineral Point, WI 53565.

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Call or Click to get Pre-Approved! 563-441-1862 toll free 866-441-1862

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $649,900$649,900$649,900
Down Payment $129,980$22,747$162,475
Monthly Mortgage Amount $3,244$3,981$4,048
Taxes $904$904$904
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$286$0
Monthly Estimated Total $4,338$5,361$5,142

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