$10,000
closing credit¹
1021 Grandview Ave Tomah, WI 54660
Property details
About 1021 Grandview Ave
Fantastic value-add opportunity to own this turnkey 16-unit with 16 garages. Incredibly well-kept and managed properties. (5) 1BR units, (9) 2BR units, (2) 3BR units, 16 garages rented at $65/garage. 6 coin-op washers and dryers. Four of the 2BRs have private laundry rooms. New roofs on building and garages. Seller expenses low due to self-managing. Assuming normal expenses and increasing to market rents, property nearly an 8 cap! Market rents show $18,430/mo. Seller financing/Owner financing on 1022 Grandview also available! With full-price offer for 1021 Grandview seller would also lease-option 16-unit at 1022 Grandview(8 garages) at an option price of $1,675,000, $100,000 option fee and interest-only for 24 months. Market rents show $16,500/mo. Seller will manage for 6 months.
Highlights
Summary
- MLS Number: 1894653
- MLS Name: WIREX_METRO
- Office Name: eXp Realty LLC
- Office Phone: (866) 848-6990
- Office Email: wi.broker@exprealty.net
- Listing Agent: Spenser Nickelatti
© 2025 WIREX - All Rights Reserved.
Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/18/2025, 7:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,825,000
1021 Grandview Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 03, 2005 | Home Sold | $1,618,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2020 | $947,200 | $21,832 |
2019 | $947,200 | $21,313 |
2018 | $947,200 | $20,954 |
2017 | $947,200 | $20,917 |
History based on county public records data.
Nearby schools
4
Lemonweir Elementary School
Public District PK-5
0.5 mi
•711 N Glendale Ave
4
La Grange Elementary School
Public District PK-5
0.8 mi
•600 Straw St
2
Miller Elementary School
Public District KG-5
1.5 mi
•813 Oak Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,531. Residents of Tomah, WI typically earn less than $<35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
This home is located at 1021 Grandview Ave in Tomah, WI and zip code 54660. This 18,000 square foot home, which was built in 2005, sits on a 1.10 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since October 3, 2024 and is currently priced at $1,825,000.
While more than 5 listings in Tomah, WI in December 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 6 were sold below. The number of homes for sale in Tomah, WI did not change between November and December 2024.