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$1,375,000
-- Bed
- -- Bath
--sqft
505 Alan Dr Dr, Mount Horeb, WI 53572
$1,375,000
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Multi Family
Built in 1976
$-- HOA
13,939.2 sqft lot
--/sqft
Description
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...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1976
HOA Fees
-
Finished Area
- sqft
Lot Size
13,939.2 sqft lot
Basement Area
- sqft
MLS Name
WIREX
MLS Number
2017059
Days on Market
-
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