409 Second Street, Pepin, WI 54759 - MLS #4110490

409 Second Street, Pepin, WI 54759
409 Second Street
Pepin, WI 54759
MLS #4110490
$284,900
409 Second Street, Pepin, WI 54759 Photo 1409 Second Street, Pepin, WI 54759 Photo 2409 Second Street, Pepin, WI 54759 Photo 3409 Second Street, Pepin, WI 54759 Photo 4409 Second Street, Pepin, WI 54759 Photo 5409 Second Street, Pepin, WI 54759 Photo 6409 Second Street, Pepin, WI 54759 Photo 7409 Second Street, Pepin, WI 54759 Photo 8409 Second Street, Pepin, WI 54759 Photo 9409 Second Street, Pepin, WI 54759 Photo 10409 Second Street, Pepin, WI 54759 Photo 11409 Second Street, Pepin, WI 54759 Photo 12409 Second Street, Pepin, WI 54759 Photo 13409 Second Street, Pepin, WI 54759 Photo 14409 Second Street, Pepin, WI 54759 Photo 15409 Second Street, Pepin, WI 54759 Photo 16409 Second Street, Pepin, WI 54759 Photo 17409 Second Street, Pepin, WI 54759 Photo 18409 Second Street, Pepin, WI 54759 Photo 19

Property Details

Excellent investment property with amazing potential cashflow. Property has had many recent repairs and improvements and is currently undergoing some rehabilitation and expansion of units. Located in a high traffic area and close to Lake Pepin and marina
  • Acres 0.27
  • Current Use Residential,Warehouse,Commercial
  • Foreclosure Status Yes
  • Year Built 1930
  • Sale Includes Building,Land,Fixture/Equipment,Leases,Other
  • Total Number of Units 10
  • Status Active

Community & Schools

  • County Pepin
  • Municipality Pepin
  • Postal City Pepin (WI)
  • School District 4270 - Pepin Area
  • School District Phone 715-442-2391

Interior Features

  • Building Finished Square 7872
  • Handicap Accessible Ramp
  • Basement None
  • Roof Pitched,Age 8 Years or Less,Age Over 8 Years,Rubber,Metal
  • Number of 1 Bedroom Unit 2
  • Number of 2 Bedroom Unit 2
  • Number of 3 Bedroom Unit 2

Exterior Features

  • Exterior Metal/Vinyl
  • Parking Characteristics On-Street Parking Only
  • Road Frontage Paved Streets,Curbs,Sidewalks
  • Lake/Waterfront - Y:N 1
  • Waterfront Name Lake Pepin
  • Lake/Waterfront Lake View,River View
  • Lot Description Irregular Lot
  • Lot Dimensions 96x40x26x54x155x54x32
  • Other Parking Spaces 3

Appliances & Utilites

  • Appliances Range,Refrigerator,Washer,Dryer,Other
  • Air Conditioning Window,Wall
  • Heating Forced Air,Other
  • Fuel Electric,Propane
  • Water City Water/Connected
  • Number of Ranges Six or More
  • Number of Refrigerators Six or More
  • Sewer City Sewer/Connected

Financial Details

  • Annual Gross Expense 18000
  • Total Annual Expenses 22000
  • Tenant Expenses Electric,Fuel,Cable T.V.,Other
  • Annual Net Income 28000
  • Tax Amount 2544
  • Tax With Assessments 2544
  • Tax Year 2010
  • Annual Gross Income 50000

Miscellaneous Details

  • Amenities - Shared Unspecified
  • Amenities - Unit Kitchen Window,Hardwood Floors,Washer/Dryer Hookup,Unspecified
  • Foundation Size 6080
  • Zoning Business/Commercial
  • Lender Owned No
  • Potential Short Sale Yes
  • Number of Efficiencies 2

Map & Directions

State Highway 35 to Pepin. South (toward Lake) on Lake Street 1 block, then left on 2nd Street to property.
Map for 409 Second Street, Pepin, WI 5475944.439786-92.147055
Map locations are not exact and are meant to be an estimated reference only.
Listing information for 409 Second Street, Pepin, WI 54759 was graciously provided by our friends at the listing brokerage, Lake Pepin Real Estate

In addition to this Commercial real estate property, we have hundreds of addtional Pepin real estate listings and homes for sale and Pepin County real estate listings and homes for sale.

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