1633 MAIN STREET, Stevens Point, WI 54481

Expand your investment portfolio with this landmark student rental.  Licensed for eight students, this five bedroom home has perfect rental history and is ready for new ownership.  Cash flow is secured through May 2026.  Current lease runs until May 23, 2024 with a $20,400 annual rent roll.  A lease has been secured for the following semesters beginning May 30, 2025 through May 23, 2026 with a $22,500 annual rent roll.  Tenants are responsible for all utilities except for storm sewer.  Additional income is generated from the coin-op laundry machines.  Landlord does not own these appliances but contractually receives 50% of the income generated - approximately $800.00 annually.  With studious tenants, a 24-hour notice will be required for all showings.