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Hatch Brokered by Real

| Hatch Brokered by Real | Real Brokerage LLC | PLACE

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305 W Prospect St , Thorp, WI 54771
$1,300,000
Est. Payment: $6,659.23/mo
0 Bed
0 Bath
6246 Sqft
Status: active | Days on site: 10
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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.

Highlights

Listed by Tammy J DeGraw , 715-939-2306 DeGraw Investments LLC , 715-939-2306. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Multi-Family

Lot/Acreage
1.6

Year Built

1992

County

Clark

Neighborhood

Lindquist Add

School District

Thorp

Listing ID

7127607

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:0
Above Ground Sq Ft:6246
Below Ground Sq Ft:0
Water:City Water/Connected

Exterior Features

Lot:Creek/Stream,Waterfront
Lot Dimensions:233X60X194X181
Zoning:Residential-Multi-Family
Sewer:City Sewer/Connected
Parking Features:Attached Garage,Asphalt,Garage Door Opener
Principal Interest
$6,659
Taxes
$678

Home Price

$1,300,000

Loan Details

30 yrs
6.625%

Down Payment

20%
$260,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,659.23

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,659.23 $678.42 $0.00 $7,337.65
Yearly $79,910.81 $8,141.00 $0.00 $88,051.81
Total $2,397,324.24 $244,230.00 $0.00 $2,641,554.24
Lender profile image
Will Provost
Loan Originator
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The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-08-25T00:48:07.000Z

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