1053 Apple Avenue, Amery, WI 54001
$2,370,000
Property Type:
Commercial
Lot Size (sq. ft.):
154,638
Status:
Closed
Current Price:
$2,370,000
List Date:
5/16/2025
Last Modified:
8/18/2025
Listing Details MLS# 6722732
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 20
- Owner Occupied
- No
- 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
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
Listing Office:
Apartment Cash Flow, Inc.
Last Updated: August - 18 - 2025
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