Listing provided courtesy of Keller Williams Thrive-CaledoniaMetro MLS- MLS# 1941421MLS Provider

643 Meadow LnBurlington, WI 53105

Commercial · 10,000 Sq. ft. | 0.69 Acres
$1,495,000 Active

643 Meadow Ln Overview

Time on Site:
241 days
Visits:
28

1-unit townhouse style apartment building. All units on a single level with private entries. 9 units are 1 BR 1BA 2 units are 2BR 1 BA. All brick building. Each apartment has in unit laundry. Great rental history with barely any vacancies. Many units have been updated. Private patios overlooking wooded park land. Great location in Burlington close to Brown's Lake, downtown, Gateway, Burlington High School, and more. Recent rents in 4 of the units have increased by a combined $280 providing additional cash flow at no additional expense. Room to increase others as well.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

643 Meadow Ln Facts & Features

  • Type Commercial
  • Sq. ft. 10,000
  • Price/Sq.ft. $150
  • Lot 0.69 Acres

Details

General

Income/Expenses

  • Gross Income: 141900
  • Gross Scheduled Income: 141900
  • Net Operating Income: 107599
  • Operating Expense: 34301.99
  • Operating Expense Includes: Maintenance,Property Management,Services (All),Utilities,Miscellaneous

Building Information

  • Year Built: 1986

Business Information

  • Business Type: Other

Location/Region

  • County Or Parish: Racine
  • Postal City: Burlington

Tax Information

  • Tax Annual Amount: 6972
  • Tax Year: 2024

General Information

  • Exclusions: Seller's and tenant's personal property
  • Inclusions: 11 refrigerators, 11 ovens, 11 washers, 11 dryers
  • Parcel Number: 206031933250380
  • Property Sub Type: Commercial/Industrial
  • Property Type: Comm/Industrial
  • Zoning: RES

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 10000

General Information

  • Basement: Crawl Space,Full
  • Building Features: Other
  • Living Area Source: Other

Exterior

Parking Information

  • Parking Total: 22

Lot Information

  • Lot Size Acres: 0.69
  • Lot Size Area: 0.69
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 30056.4
  • Lot Size Units: Acres

Building Exterior/Construction

  • Construction Materials: Brick,Wood
  • Roof: Composition

General Information

  • Road Frontage Type: Town/City Road
  • Sewer: Municipal Sewer

643 Meadow Ln Neighborhood

Community

53105 (Burlington) Demographics

45
Median Age
183
Population Density (per sq. mile)
37%
College Educated
$74,966
Estimated Median Income
8,605
Estimated Total Home Owners
3,330
Estimated Total Renters
72% / 28%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

643 Meadow Ln Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

643 Meadow Ln Market Data

Based on the last 30 days in this zip code

$602,667
Average List Price
$273
Average Price per Square Foot
34
Properties Sold
40
Average Days on Market
103
Properties for Sale
Calculations provided by Reliance Network

643 Meadow Ln History

Date Event Value Agent
3/11/2026Source: Metro MLS Status Change
Closed
3/11/2026Source: Metro MLS Status Change
Closed
11/6/2025Source: Metro MLS Added to Database
November 06, 2025
10/31/2025Source: Metro MLS Added to Database
October 31, 2025
7/28/2025Source: Metro MLS Added to Database
December 09, 2022
7/28/2025Source: Metro MLS Added to Database
August 30, 2022