1053 Apple Avenue, Amery, WI 54001 (MLS# 6722732)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 20
Owner Occupied: No
Waterfront Present: Yes
Year Built: 1991
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 16026
Garage Stalls: 12
Lake/Waterfront Name: Apple River
For Sale or Lease: For Sale
Acres: 3.55
Lot Dimensions: 3.55

Property Features

Accessible: Fully Wheelchair Air Conditioning: Wall Unit(s) Amenities Unit: Patio; Washer/Dryer Hookup Appliances: Range; Refrigerator Assumable Loan: Not Assumable Basement: None CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Exterior: Brick/Stone; Wood Fencing: None Financing Terms: Conventional Flooring: Carpet; Vinyl/Linoleum Foundation: Slab Fuel: Electric Heating: Baseboard Loan Terms: Cash; Conventional Lot Description: Accessible Shoreline; Tree Coverage - Medium On Site Utilities: Electric Separate; Heating Separate; Hot Water Common Owner Pays: Maintenance/Repair; Sewer; Taxes; Trash Collection; Water Parking Characteristics: Parking Lot Potential Use: Income; Motel/Hotel Rent Rate per Foot: Per Month Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles; Pitched Sewer: City Sewer - In Street Stories: One Tenant Pays: Cable TV; Electricity Topography: Level Wall Description: Drywall Water: City Water/Connected

Contract Information

Off Market Date: 2025-06-06
Closed Date: 2025-08-18
Sales Close Price: 2370000
Contingency: None
ListPrice: 2500000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1053
Street Name: Apple
Street Suffix: Avenue
Postal City: Amery
County: Polk
State: WI
Zip Code: 54001
Complex/Dev/Subdivision: River Place

Assessments

Tax With Assessments: 21551
Assessment Balance: 0

Building Information

Building Finished SqFt: 16026
Ceiling Height: 8-10

More Information

Income and Expenses

Annual Electric Expense: 1905
Annual Fuel Expense: 1905
Annual Gross Expenses: 106670
Annual Gross Income: 256167
Annual Insurance Expense: 13000
Annual Maintenance Expense: 18000
Annual Net Income: 106670
Annual Repair Expense: 18000
Annual Trash Expense: 4802
Annual Water/Sewer Expense: 12006
Total Annual Expenses: 106670

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 16W
Section#: 04
Township#: 32N

Sale Options

Sale Includes: Building, Business, Land, Leases, Rental License

Unit 1

Unit Number: Yes

Unit 2

No. of 2 Bedroom Units: 18

Unit 3

No. of 3 Bedroom Units: 2

Unit Details

Total Units: 20

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: PT LOT 5 & LOTS 6, 7 & 8 PLAT OF RIVERPLACE
Listing City: Amery
Map Page: 999
Municipality: Amery
School District: Amery
School District Phone: 715-268-0272
DNR Lake Classification: Not Applicable
Zip Plus 4: 3732
Property ID Number: 201005800000
Tax Year: 2025
Tax Amount: 21551
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: The Apple River Estates is a very attractive well maintained 20-unit in the Heart of Amery Wisconsin. Constructed in 1991, these slab-on-grade apartments feature large eat-in kitchens, lots of windows, and tenant owned in-unit washers and dryers. Plenty of off-street parking plus 12 detached garages separately rented for extra income. Kitchens include well built upper and lower cabinets, stainless steel double sinks, and spacious eat-in dining areas. Residents enjoy private outdoor patios with views of the scenic Apple River to the east. Every apartment features their own secured entrance, lots of closet space, and wall air conditioning. The buildings sit on a total of 3.55 picturesque acres! Location is close to the historic downtown area of Amery, WI with many boutique shops, grocery stores, and fine dining. These units always stay rented with a waiting list! Professionally managed by LSI Property Mangement with the option to retain them as management to make a smooth transition!! Owner is an agent not representing himself in the sale.
Directions: Property is just east of Main Street along the Apple River

Accessible

Fully Wheelchair: Yes

Air Conditioning

Wall Unit(s): Yes

Amenities Unit

Patio: Yes
Washer/Dryer Hookup: Yes

Appliances

Range: Yes
Refrigerator: Yes

Assumable Loan

Not Assumable: Yes

Basement

None: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes
Wood: Yes

Fencing

None: Yes

Financing Terms

Conventional: Yes

Flooring

Carpet: Yes
Vinyl/Linoleum: Yes

Foundation

Slab: Yes

Fuel

Electric: Yes

Heating

Baseboard: Yes

Lake/Waterfront

River Front: Yes

Lot Description

Accessible Shoreline: Yes
Tree Coverage - Medium: Yes

Owner Pays

Maintenance/Repair: Yes
Sewer: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Parking Characteristics

Parking Lot: Yes

Patio, Porch and Deck Features

Patio: Yes

Rental License Type

Standard: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age Over 8 Years: Yes
Asphalt Shingles: Yes
Pitched: Yes

Sewer

City Sewer - In Street: Yes

Stories

One: Yes

Topography

Level: Yes

Wall Description

Drywall: Yes

Water

City Water/Connected: Yes

No. of Ranges

One Per Unit: Yes

No. of Refrigerators

One Per Unit: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes

On Site Utilities

Electric Separate: Yes
Heating Separate: Yes
Hot Water Common: Yes

CMU Style

Apartments/Multi Family: Yes

Current Use

Residential: Yes

Loan Terms

Cash: Yes
Conventional: Yes

Potential Use

Income: Yes
Motel/Hotel: Yes

Rent Rate per Foot

Per Month: Yes