Income based on Rentals only. Excellent investment opportunity. Keep it as Bar, (closed since 11/2019) Put in a retail shop, Hair salon. It has plenty of sq. footage for office spaces. Restaurant? Opportunities are endless. While you are taking your time for that perfect idea, collect over Twenty Thousand Dollars per year in rent from the 3 apartments. With a nice down payment with today's mortgage rates your payments could be less than the income from the apartments alone. The entire building is heated by radiant heat. Boiler is newer. The roof in the back is newer and the front is still in good condition. Seller's have owned property for 30 years. Measurements should be verified if important to buyer. Operating income does not include potential income from the retail space.
The median home value in Portage, WI is $254,000. This is higher than the county median home value of $193,700. The national median home value is $219,700. The average price of homes sold in Portage, WI is $254,000. Approximately 49.78% of Portage homes are owned, compared to 44.21% rented, while 6.01% are vacant. Portage real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Portage real estate agent to arrange a tour today!
Portage, Wisconsin has a population of 10,321. Portage is less family-centric than the surrounding county with 27.1% of the households containing married families with children. The county average for households married with children is 30.75%.
The median household income in Portage, Wisconsin is $45,684. The median household income for the surrounding county is $63,293 compared to the national median of $57,652. The median age of people living in Portage is 38.2 years.
The average high temperature in July is 82.5 degrees, with an average low temperature in January of 9.1 degrees. The average rainfall is approximately 35.1 inches per year, with 38.4 inches of snow per year.