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$284,900

8 Beds 0 Baths 3,000 SQFT 0.12 Acres
Type: Commercial

104 Pine Street
Glenwood City, WI 54013

MLS#: 7047954
Sue Gonyea
Sue Gonyea
The Real Estate Advantage
Phone: 612.267.5310
Office: 952.470.7600
Presented by: EXIT Realty Springside

Property Description

 

Stabilized five-unit multifamily property in Glenwood City offering immediate operational continuity and long-term ownership value. With all units occupied and a history of low vacancy and limited turnover, this property presents a practical opportunity for buyers seeking a manageable first multifamily acquisition or a seamless addition to an existing rental portfolio. The building has seen consistent care and selective improvements over time, including remodeled units, newer vinyl siding, and a roof replaced approximately ten years ago—helping reduce near-term capital uncertainty. The diversified unit mix supports steady operations while keeping the overall scale approachable for hands-on ownership or streamlined management. An additional cement block storage building adds functional utility and flexibility for ownership. Supporting documentation, including a current rent roll and operating history, is available in the supplements to assist buyers with underwriting and informed decision-making. Well-suited for buyers focused on acquiring a stabilized income-producing property that can be stepped into with minimal disruption, this offering balances operational stability with long-term hold potential in a market known for consistent rental demand.


 

Interior Features

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths0

Other Interior Features

Basement (Y/N)No
Foundation Dimensions25x60
FuelElectric, Natural Gas
Garage Dimensions25x28
Garage Square Feet700

General

AccessibilityNone
Additional Parcels Y/NNo
AppliancesRange, Refrigerator
CityGlenwood City
ContingencyNone
CoolingNone
CountySt. Croix
Current UseResidential
DirectionsHighway 128 North to Glenwood, Right on 1st. St. Corner Of 1st and Pine
Garage Spaces2
Gross Income42774
HeatingBaseboard, Forced Air
High School DistrictGlenwood City
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
New ConstructionNo
Number Of Units Total6
Operating Expense17500
PostalCityGlenwood City
Property TypeCommercial Sale
RoofAge Over 8 Years
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameGlenwood
Tax Annual Amount$4,226
Tax Year2025
UtilitiesElectric Common, Electric Separate, Heating Common, Heating Separate
Year Built1956
Zoning DescriptionBusiness/Commercial

Exterior

Building Area Total3,000 sqft
Foundation Area1,500 sqft
InclusionsBuilding, Land, Leases, Other
Lot Dimensions123x170x292x17
Lot FeaturesIrregular Lot
Lot Size Area0 sqft
Parking FeaturesDetached Garage, On-Street Parking Only
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School N/A
Elementary School N/A
Middle School N/A

  

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$284,900

8 Beds 0 Baths 3,000 SQFT 0.12 Acres
Type: Commercial

104 Pine Street
Glenwood City, WI 54013

MLS#: 7047954
Sue Gonyea
Sue Gonyea
The Real Estate Advantage
Phone: 612.267.5310
Office: 952.470.7600