$1,325,000

Multi Family In Mount Horeb

  • 8 Beds
  • 4 Baths
  • 13,940 Sqft lot
  • Updated: April 29
  • Source: South Central Wisconsin Multiple Listing Service  MLS#2017059

About the Property

Well-maintained 8-unit brick apartment building with additional commercially zoned land included, offering future development or expansion potential. This property presents multiple value-add and long-term upside opportunities. The building itself is fully leased with year-to-year leases in place, providing immediate and stable cash flow. Recent capital improvements include a newer roof, updated m
Well-maintained 8-unit brick apartment building with additional commercially zoned land included, offering future development or expansion potential. This property presents multiple value-add and long-term upside opportunities. The building itself is fully leased with year-to-year leases in place, providing immediate and stable cash flow. Recent capital improvements include a newer roof, updated mechanical systems, and a newer coin-operated laundry system for supplemental income. Each unit features separate electric meters, helping keep operating expenses efficient and transparent. Tenants benefit from basement storage units, adding everyday functionality and desirability. The property also offers a surface outdoor parking lot for convenient tenant parking. Solid brick construction, consistent rental history, and excess commercially zoned land make this a compelling opportunity for investors seeking income today with flexibility for future growth.
  • Property type

    Other

  • Year built

    1976

Features

  • Investment Property
  • Parking
  • Laundry Room
  • Basement

Explore the Area

505 Alan Drive, Mount Horeb, Wisconsin, United States View on Google Maps
Price per sqft
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Stark Company, REALTORS - Madison

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Stark Company, REALTORS - Madison
Wisconsin, United States
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15
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2026
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Stark Company, REALTORS - Madison
Madison, Wisconsin, United States
View agency profile
Last updated
April 29
First listed
Apr 29
Listing reference
2017059
Listing status
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