401 S Iowa Street
Dodgeville, WI 53533
$525,000
0.29
Acres
$525,000
Price
Classic Second Empire-style 6-unit investment property offering character and excellent income potential. The unfinished third story presents an opportunity to create additional living space for rental income (subject to buyer verification and local approvals). Coin-operated laundry in the basement provides additional revenue. Two units have recently been refreshed and are vacant, giving the new owner an opportunity to set market rents. The majority of the roof has been replaced. All current tenants are on month-to-month leases, allowing flexibility for future plans. Parcel 216-0116 is not included in the sale; however, the purchaser will have the first opportunity to buy that parcel should it become available in the future.
Listing #2029259
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Specifications and Property Information
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General Info
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| Listing Status | Active |
| Acreage | 0.29 Acres |
| Heating / Cooling | Radiant, Natural Gas |
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Listing Office Info
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| Listing Office | Potterton Rule Real Estate LLC |
| Listing Office Email | info@pottertonrule.com |
| Listing Office Phone | (608) 935-2396 |
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Features
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| Year Built | 1888 |
| County | Iowa |
| Elementary School | Dodgeville |
| Middle School | Dodgeville |
| High School | Dodgeville |
| Exterior | Wood Siding, Brick |
| Property Type | Multi Family |
| Zoning | Commercial |
| Property Tax | $4,155 (2024) |
This information, provided by seller, listing broker, and other parties, may not have been verified.
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