1700 Monroe Street, Stevens Point, WI 54481

Property Description

Licensed rooming house approved for up to 24 occupants. This historic property features 24+ bedrooms, including several with private bathrooms, while most share updated common bath facilities and a communal kitchen area. The rubber roof has been replaced within the past 10 years, and the windows and siding were updated in 2003. Offering over 7,000 sq. ft. of living space, the building provides strong income potential. Current rents average $400/month per room and include heat, electricity, water, sewer, and Wi-Fi. An excellent opportunity for investors or nonprofit organizations seeking to provide affordable housing while generating steady revenue. We are in the process of repairing all the units. In the process of installing a new boiler. Here are the other virtual tours for the second floor and basement. https://my.matterport.com/show/?m=75Ks2gxQqQY https://my.matterport.com/show/?m=pCjHD63ZETG