104 High Street, Mineral Point, WI 53565
- $649,900
Listing courtesy of RE/MAX Preferred.
- List Price
- $649,900
- MLS#
- 2027513
- Status
- ACTIVE
- Year Built
- 1900
- County
- Iowa
- Municipality
- Mineral Point
- Acres
- 0.08
Property 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.
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Additional Information
- TotalTaxes
- $5,528
- Interior Features
- High Speed Internet
- Utilities
- High Speed Internet Available, Separate Electric Meters, Separate Gas Meters
- Basement
- Full, Exposed, Full Size Windows, Partially Finished, Block
- Exterior
- Brick, Stone
- Heating / Cooling
- High Speed Internet Available, Separate Electric Meters, Separate Gas Meters
- School District
- Mineral Point
- Elementary School
- Mineral Point
- Middle School
- Mineral Point
- High School
- Mineral Point
- Courtesy Of
- RE/MAX Preferred
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