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509 N MAIN Oshkosh, WI 54901

$1,899,900
14 Units  |  11,000 Square Feet  |  Multifamily   |   MLS # 50296971

Description

The flagship building of downtown Oshkosh, The Webster Building is a 16,000' historical property built in 1895. Fully restored and renovated in 2003, the property now features 5500' of retail/commercial space on the first floor and 5 apartments on each of the second and third floors. The retail commercial space is newly renovated (Q1 2023) and the apartments feature large, open concept floor plans with mature hardwood floors, high ceilings, huge windows and plenty of natural light plus all new appliances (2021). The common area features an extravagant inner-stairwell and charming tin ceilings with vintage light fixtures that preserve the historic feeling of the building. City parking lot behind building. 200' of street frontage. 100% occupancy multiple years running. 7.5 cap rate.

Property Details

General

Total Units: 14

Square Feet: 11,000

Tax Amount: $27,528

New Construction?: No

Style: 3 Story,Apartment Building

Property Type: Multifamily

County: Winnebago

Zoning: Commercial

Interior

Total Square Feet: 11,000

Sq. Ft. Above Grade: 11,000

Water Source: Municipal/city

Waste: Municipal Sewer Near

Heating/Cooling: Central

Heating Fuel: Natural Gas

# Garbage Disposals: 10

# Dishwashers: 10

# AC Units: 3

# Furnaces: 12

# Ranges: 10

# Refrigerators: 10

# Water Heaters: 2

Finances

Gross Annual Income: 200,000

Gross Expenses: 60,000

Unit #1

Level #: Main

# Bedrooms: 0

# Full Baths: 0

# Half Baths: 0

Garage Spaces: None

Total Sq. Feet: 2,500

Monthly Rent: Rent

Monthly Rent Amount: 4,500

Electricity Paid By: Tenant

Water Paid By: Tenant

Heat Paid By: Tenant

Unit #2

Level #: Upper

# Bedrooms: 2

# Full Baths: 1

# Half Baths: 0

Garage Spaces: None

Total Sq. Feet: 1,000

Monthly Rent: Rent

Monthly Rent Amount: 1,355

Electricity Paid By: Tenant

Water Paid By: Tenant

Heat Paid By: Tenant

Unit #3

Level #: Upper

# Bedrooms: 2

# Full Baths: 1

# Half Baths: 0

Total Sq. Feet: 1,000

Monthly Rent: Rent

Monthly Rent Amount: 1,355

Electricity Paid By: Tenant

Water Paid By: Tenant

Heat Paid By: Tenant

Unit #4

Level #: Upper

# Bedrooms: 1

# Full Baths: 1

# Half Baths: 0

Total Sq. Feet: 750

Monthly Rent: Rent

Monthly Rent Amount: 995

Electricity Paid By: Tenant

Water Paid By: Tenant

Heat Paid By: Tenant

Lot / Exterior

# Acres: 0.13

Schools

School District: Oshkosh Area

Listing Broker

Hartfiel Realty

Directions & Map

Corner of Church and Main, downtown Oshkosh


Listed By: Hartfiel Realty (PREF: 920-475-1562)

This listing was last updated by Hartfiel Realty on August 28, 2024, 10:02 am.
Listing has been on the market for 118 days, since August 26, 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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