219 Lincoln Avenue, Rio, WI 53960 (MLS # 2001053)

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Listed with Real Broker LLC

Price $599,900
Status Active
Beds 9
Baths 0 Bath
Home size n/a
Lot Size 13,068 sqft
CASH-FLOWING 4-UNIT in Rio, - Just 10 mins from New ABS Facility. This grand brick 4-init apart bldg is a turnkey investment with opportunity with strong upside potential. 3 of the 4 units have been beautifully renovated & all are constantly rented.Unit sizes are generous: #1 1500 sf, #2 & 3 2500 sf each, efficiency is 400 sf with 1200 sf of addtl space that could be renovated into living space. In-unit Washer/dryers, #3 has large covered balcony, newer thermopane windows thoroughout, new rubber roof 2018, mansard singles 2000(front), appliances & hot water htrs(2020-2025), workout room, LL workshop & large storage area, detached 2 car gar.Rents are currently under market, offering immediate value-add potential. Just 20 minutes to Sun Prairie or Beaver Dam. Measurements are approx.
Property Type(s): Multi Family
Last Updated 6/12/2025 Tract Buchanan's Add
Year Built 1902 County Columbia

SCHOOLS

School District Rio
Elementary School Rio
Jr. High School Rio
High School Rio

Additional Details

APPLIANCES Cooktop, Dishwasher, Dryer, Refrigerator
BASEMENT Full, Yes
LOT 0.3 acre(s)
MLS STATUS Active
SEWER Public Sewer
SUBDIVISION Buchanan's Add
TAXES 5600
WATER Public
Listed with Real Broker LLC

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