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219 Lincoln Avenue

Rio, WI 53960
  • $525,900
  • STATUS: Active
  • ON SITE: 193 Days
  • ID#: 2001053
Short Sale
UPDATED: 59 min ago
$525,900
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1902
County:
Area:

School Information

Elementary School:
Rio
Middle School:
Rio
High School:
Rio
School District:
Rio
Listing provided by Real Broker LLC: 855-450-0442

Description

You Can't Tell A Book By Its Cover! - Just 10 mins from New ABS Facility. This grand brick 4-unit apart bldg is a turnkey investment with opportunity with strong upside potential. 3 of the 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, newer 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. Measurements are approx.

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© 2025 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Klodowski Real Estate. Data last updated: 2025-12-11T11:41:24.1.
www.klodowskirealestate.com/homes/164410298
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219 Lincoln Avenue Rio, WI 53960

  • Price: $525,900
  • Status: Active
  • On Site: 193 Days
  • Updated: 59 min ago
  • ID#: 2001053
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1902
Built
Neighborhood:
Buchanan's Add
County:
Columbia
Area:
Rio - V
Elementary School:
Rio
Middle School:
Rio
High School:
Rio
School District:
Rio
Property Description
You Can't Tell A Book By Its Cover! - Just 10 mins from New ABS Facility. This grand brick 4-unit apart bldg is a turnkey investment with opportunity with strong upside potential. 3 of the 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, newer 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. Measurements are approx.
Exterior Features

Exterior BrickStone Parking Spaces Outside 6 Parking Stalls Inside 2 Type Apartment building3 story2 flat-up and down Unit1 Parking 2 Space Unit2 Parking 2 Space Unit3 Parking 1 Car Garage Unit4 Parking 1 Car Garage

Interior Features

Basement Full Clothes Dryers 4 Clothes Washers 4 Dish Washers 2 Heating Type Forced air Number Of Efficiencies 1 Number Of One Bedrooms 0 Number Of Three Plus Beds 2 Number Of Two Bedrooms 1 Refrigerators 4 Stoves 4 Unit1 Eat-in kitchenRange/ovenRefrigeratorDishwasherWasher/dryer Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Kitchen Dim 10x15 Unit1 Living Great Room Dim 12x16 Unit1 Master Bedroom Dim 12x12 Unit1 Sq Ft 1500 Unit2 Dining roomEat-in kitchenRange/ovenRefrigeratorDishwasher Unit2 Bedrooms 3 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Sq Ft 2500 Unit3 Family/Rec rmEat-in kitchenBalcony/patioRange/ovenRefrigeratorDishwasherWasher/dryer Unit3 Bedrooms 4 Unit3 Full Baths 1 Unit3 Half Baths 0 Unit3 Sq Ft 2500 Unit4 Bedrooms 0 Unit4 Full Baths 1 Unit4 Half Baths 0 Unit4 Sq Ft 400 Units With AC 4

Property Features

Association South Central WI City Town Or Village Village County Quarter Columbia SE Fuel Natural Gas Furnaces 3 Legal Documents Condition report on fileLease(s) on file Mailing City Rio Net Operating Income 38600 Net Taxes 5600 Park Unit DetachedOutside Source Acreage Assessor Tax Year 2024 Total Expenses 12400 Total Income 51000 Unit1 Rent 1000 Unit2 Rent 1300 Unit3 Rent 1150 Unit4 Rent 800 Water Heaters 4 Water Softeners 0 Water Waste Municipal sewerMunicipal water Year Built Source Assessor Zoning commercial

Listing information © 2025 South Central Wisconsin MLS.
Listing provided courtesy of Real Broker LLC: Pref: 608-235-0431.



© 2025 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Klodowski Real Estate. Data last updated: 2025-12-11T11:41:24.1.
 
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Klodowski Real Estate
N8053 State Road 33, Suite 2
Beaver Dam WI, 53916
Listing provided by Real Broker LLC: 855-450-0442