256 E Chestnut St, Burlington, WI 53105
$1,750,000
MLS #: 1980528
| 8,000 Sq Ft |
Description of 256 E Chestnut St, Burlington, WI 53105
Exceptional mixed-use investment opportunity in Downtown Burlington! Fully gutted, renovated and repurposed in 2021 with extensive updates including roof, exterior, mechanicals and interiors. Property features 2 commercial suites with tenants recently signing new 3-year leases, plus an established, fully furnished Airbnb operation consisting of 4 units: three 2BR/1BA units and one studio. All Airbnb furnishings included in the sale for a turnkey opportunity. Seller reports total property NOI of approximately $185,000-$200,000 annually, with additional value-add and revenue growth potential. Strong diversified income stream with major capital improvements already completed.
Property Features of 256 E Chestnut St, Burlington, WI 53105
Listing courtesy of: Great Lakes Real Estate Svs
TYPE
Industrial
Industrial
Year Built
1900
1900
Annual Taxes
$7,637.00
$7,637.00
Acres
.1
.1
Features
| Brick exterior |
| Lot acreage is: 0.1 |
| Lot sqft: 4356 |
| Lot zoned: B-2 |
| Road frontage: City Street |
| Elevator(s) |
| Rubber roof |
| Full basement |
| Public sewer |
| Public water |
| For sale |
| Tax year: 2025 |