Property Details

402 N Shore Dr, Fountain City, WI - Fountain City

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For Sale $159,900 - Duplex
4 Bedrooms2 Bathrooms0 Basement Print this page

Located along the Mississippi River, just 8 scenic minutes from Winona/WSU, Fountain City, WI was once voted Wisconsin’s most scenic river town. Many local university students choose to live in Fountain City in places nicer than they can find in Winona for less money. Over the past 10 years, this trend continues to grow.

This charming duplex features two 2 bedroom units, each with washer & dryer (free), wood floors, and dishwashers. The main level apartment has central A/C, two entrances, and access to a partial basement with additional storage.
The upper level apartment has a built-in microwave, two window A/C units, and additional storage near the lower floor entrance.
Both apartments were completely remodeled in 2008. This remodel also included new HVAC.
The steel roof was painted in 2010 and the exterior siding was painted in 2012.
There is plenty of off-street parking for all. Residents have the pleasure of beautiful river views by simply looking out their front window.

Fully leased through May 2020.

Monthly Rent: $1,600

Monthly property tax is $188
Monthly insurance is $28

Monthly net income* is $1,284

*Monthly net income does not include debt service or maintenance.

Features

Property Details
School District:
CFC
Year Built:
1925
Distance to WSU:
5 miles
Number of Units:
2
Waitlist:
Accepts HCVs (Section 8):
No
Appliances:
2 washers, 2 dryers
2 refrigerators
2 electric ranges
2 dishwashers
2 window-unit A/Cs
1 microwave
1 central A/C
2 gas water heaters
1 gas forced-air furnace
Utilities:
2 electric meters (electric heat in upstairs unit)
1000 gal LP fuel tank (shared with next door)
Amenities:
Property Map

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