My notes for this property


Add listing to my favorites (required)
Active
$315,000
/mo Edit
Multi-family:  Fourplex
5 br • 4 ba • Built 1900
2,950 sqft • 0.108 acres
MLS# 7049318
My rating:
Request a Showing  
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Baldwin apartments is a fully stabilized 4-unit located a block off the busy main street. With it being 100% occupied this property is easy to keep full offering one & two bedroom units. All residents pay for their own unit electric and gas for heat. The owner just pays for water and trash. Built around the turn of the century the units are spacious and have some original hardwood floors, original trim, and tall ceilings. A lot of newer vinyl replacement windows. Plenty of off-street parking on the side of the property. Rents are currently below market and have room to organically improve! Net operating income $20, 113+

    Listing

    Contingency: None
    Price per sq ft: $107
    City: Baldwin
    County: St. Croix
    State: WI
    Property Style: Fourplex
    Zip Code: 54002
    Subdivision Name: Baldwin

    Interior

    Living Area: 2,950 ft2
    Refrigerators: One Per Unit
    Basement Details:
    • Concrete
    • Drain Tiled
    • Partial
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,400 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Space Heater
    Shared Amenities: None
    Road Frontage: City Street
    Exterior Material: Frame
    Pool: None
    Roof Details:
    • Age Over 8 Years
    • Asphalt
    • Pitched

    Rooms

    Laundry: None

    Lot & Land

    Acres: 0.108
    Geolocation: 44.966248, -92.371745
    Lot Dimensions: 40 x 130
    Lot Description: Tree Coverage - Light

    Farm

    Topography: Level

    Schools

    School District: 1116
    District Phone: 7156843411

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $3,000
    Annual Maintenance Expense: $1,600
    Annual Trash Expense: $900
    Annual Water/Sewer Expense: $2,560
    Tenant Expenses: Broadband, Electricity, Gas, Heat

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $4,806
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,806

    Income

    Annual Gross Income: $35,280
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: $20,113

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

    Listing provided by RMLS, courtesy of Apartment Cash Flow, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.