USAWIThorpLindquist Add305 W Prospect Street

305 W Prospect Street, Thorp, WI

House

For Sale

Listed price in listed location currency (USD).

$1,300,000

009

MLS® 7127607

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size 6246 sqft

Garage Yes

Taxes $8,141

Days Active 1

Lot Size 1.6 Acres

Approx. Age 1992

Avg. Price Per Sqft $208

MLS® Number 7127607

Property Address: 305 W Prospect Street, Thorp, WI, 54771

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional Four-Unit Condominium Investment Opportunity | Thorp, Wisconsin Discover a truly unique investment opportunity with this beautifully maintained four-unit condominium property situated on approximately 1.6 acres in a peaceful, park-like setting in Thorp, Wisconsin. With numerous improvements, exceptional accessibility, and multiple potential uses, this property is ideal for investors, healthcare providers, or those seeking a private family compound. Three units offer 2 bedrooms and 1 full bath, while the fourth unit features 1 bedroom and 2 full baths. Every unit includes a four-season porch, attached 484-square-foot two-car garage, and in-unit washer and dryer, providing residents with comfort, convenience, and independent living. The spacious end units each offer 1, 167 square feet, while the two center units each provide 1, 132 square feet of thoughtfully designed living space. Best of all, there are no steps inside or outside the property, making the entire development wheelchair accessible. Residents can gather in the impressive 1, 640-square-foot common area, featuring in-floor heat and ample space for social activities, meetings, or community events. Just outside, a large paved patio overlooks beautifully landscaped grounds, while a picturesque stream winds through the back of the property, creating a peaceful setting rarely found in an investment property. An additional detached common garage provides valuable storage or maintenance space. Whether you’re looking to create a: ? Family compound or multi-generational living community ? Vacation rental destination ? Long-term rental investment ? Assisted living, senior housing, adult family home, or other healthcare-related use (subject to buyer verification and local approvals) ? Corporate or workforce housing this versatile property offers outstanding potential. Property Highlights • Building is a free span structure making it easy to remove any interior walls ? Four condominium units ? Three 2-bedroom, 1-bath units ? One 1-bedroom, 2-bath unit ? End units: 1, 167 SF each ? Center units: 1, 132 SF each ? Attached 484 SF two-car garage for every unit ? Four-season porch in every residence ? Washer and dryer included in each unit ? Completely wheelchair accessible with no interior or exterior steps ? 1, 640 SF heated common area with • In-floor heat • Wall AC units • Full bath with walk-in shower • Full kitchen ? Large paved community patio ? Detached common garage ? 1.6-acre setting with a beautiful stream along the rear of the property ? Numerous improvements throughout This is an exceptional opportunity to own a one-of-a-kind property that combines residential comfort, accessibility, natural beauty, and outstanding investment flexibility.

MLS® Number7127607

Laundry LevelEnsuite

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1992

BasementNone

DrivewayAttached Garage, Asphalt, Garage Door Opener

Garage Spaces

HeatForced Air

A/C

Extras

Map

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