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506 FOREST HOME Francis Creek, WI 54214

$395,000
5 Units  |  3,728 Square Feet  |  Multifamily   |   MLS # 50301261

Description

Attention investors! Former supper club and bowling alley with 5 multi-family units. Current occupancy approaching $5,000 per Month in rental income, with several units open and being updated. The residential portion of this property includes 7 rooms sharing one bathroom and 5 units with private baths. The supper club/restaurant area includes a massive bar, kitchen equipment, furnishings and glass/dinnerware. Property has had many updates over the past few years and is in need of cosmetic updating and general maintenance. See attached documents for per unit details, notes on potential expansion and additional comments from the seller. Noted unit sizes are estimated off of a layout and will need to be verified by buyer.

Property Details

General

Total Units: 5

Square Feet: 3,728

Tax Amount: $8,688

New Construction?: No

Style: 2 Story,Converted/Rooming House

Property Type: Multifamily

County: Manitowoc

Zoning:

  • Commercial
  • Multi-family(5+units)

Interior

Total Square Feet: 3,728

Sq. Ft. Above Grade: 3,728

Water Source: Private Well

Waste: Municipal Sewer

Heating/Cooling:

  • Forced Air
  • Radiant

Heating Fuel:

  • Electric
  • Natural Gas

# Garbage Disposals: 0

# Dishwashers: 0

# AC Units: 0

# Furnaces: 1

# Ranges: 6

# Refrigerators: 8

# Water Heaters: 2

Unit #1

Level #: Upper

# Bedrooms: 2

# Full Baths: 1

# Half Baths: 0

Garage Spaces: None

Total Sq. Feet: 760

Monthly Rent: Rent

Monthly Rent Amount: 1,010

Electricity Paid By: Landlord

Water Paid By: Landlord

Heat Paid By: Landlord

Unit #2

Level #: Upper

# Bedrooms: 1

# Full Baths: 1

# Half Baths: 0

Garage Spaces: None

Total Sq. Feet: 760

Monthly Rent: Rent

Monthly Rent Amount: 1,000

Electricity Paid By: Landlord

Water Paid By: Landlord

Heat Paid By: Landlord

Unit #3

Level #: Upper

# Bedrooms: 1

# Full Baths: 1

# Half Baths: 0

Garage Spaces: None

Total Sq. Feet: 760

Monthly Rent: Vacant

Electricity Paid By: Landlord

Water Paid By: Landlord

Heat Paid By: Landlord

Unit #4

Level #: Upper

# Bedrooms: 1

# Full Baths: 1

# Half Baths: 0

Garage Spaces: None

Total Sq. Feet: 548

Monthly Rent: Rent

Monthly Rent Amount: 650

Electricity Paid By: Landlord

Water Paid By: Landlord

Heat Paid By: Landlord

Lot / Exterior

Lot Description: Sidewalk

Sq. Ft. of Lot: 45,302

# Acres: 1.04

Barrier Free Features:

  • 1st Floor Bedroom
  • 1st Floor Full Bath
  • Level Drive
  • Level Lot
  • Low Pile Carpeting

Schools

School District: Mishicot

Listing Broker

Shorewest, Realtors

Directions & Map

Hwy 43 to Hillcrest Road Exit, Francis Creek. East to Packer Drive. North to Forest Home Drive. Right on Forest Home Drive, property is on Left.


Listed By: Shorewest, Realtors (PREF: 920-328-7885)

This listing was last updated by Shorewest, Realtors on December 4, 2024, 10:01 am.
Listing has been on the market for 30 days, since November 22, 2024.

This information, provided by seller, listing broker, and other parties, may not have been verified.

Information received from other 3rd parties: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Paragon Real Estate Group nor RANW MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Copyright 2024 RANW MLS. All rights reserved. RANW MLS records were last updated on 12/22/2024 8:15 am.

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