116 W Main STREET, Wales, WI 53183

Local realty services provided by:Better Homes and Gardens Real Estate Special Properties
Listed by: rodolfo garcia-garcia
Office: rethought real estate
MLS#:1905614
Source:Metro MLS
116 W Main STREET,Wales, WI 53183
$520,000
  • - Beds
  • - Baths
  • 3,180 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$520,000
  • Price per sq. ft.:$163.52

About this home

Rare opportunity to own this well maintained four family in Wales. This well-maintained 4-family building features two 1-bedroom units and two 2-bedroom units, one of which includes an office space and a spacious loft above the 2-car garage. Generating $3,400/month with plenty room to increase has long-term, month-to-month tenants, this property offers steady income. No water bill thanks to a well, stamped as good in 2024. Recent updates include a 5-year old roof, 7-year old furnace, loft recently finished and three water heaters replaced in 2022. Solid foundation, clean building, and a prime location make this a fantastic addition to any portfolio! All electrical boxes and windows are newer.Building is zoned as non-conforming commercial B2. Will be re-zoned as residential in July.

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Home facts

  • Year built:1895
  • Listing ID #:1905614
  • Added:322 day(s) ago
  • Updated:December 20, 2025 at 08:53 AM

Rooms and interior

  • Living area:3,180 sq. ft.

Heating and cooling

  • Cooling:Forced Air
  • Heating:Forced Air, Hot Water/Steam, Natural Gas

Structure and exterior

  • Year built:1895
  • Building area:3,180 sq. ft.
  • Lot area:0.15 Acres

Schools

  • High school:Kettle Moraine
  • Middle school:Kettle Moraine
  • Elementary school:Wales

Utilities

  • Water:Municipal Water
  • Sewer:Private Septic System

Finances and disclosures

  • Price:$520,000
  • Price per sq. ft.:$163.52
  • Tax amount:$4,597 (2024)
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