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Arena,WI 53503
Key Details
Property Type Multi-Family
Sub Type Apartment building,2 story,New/Never occupied
Listing Status Active
Purchase Type For Sale
Square Footage 1,720 sqft
Price per Sqft $1,045
MLS Listing ID 1994545
Bedrooms 4
Full Baths 2
Year Built 2024
Annual Tax Amount $4,230
Tax Year 2023
Lot Size 1.440 Acres
Acres 1.44
Property Sub-Type Apartment building,2 story,New/Never occupied
Property Description
Brand New two story 8-Plex Investment Opportunity! This modern property offers 8 spacious & accessibility friendly units, each w/potential of $1,385+/- per month in rent w/tenants covering all utilities. Low-maintenance & high-return, this turnkey asset boasts premium finishes, in unit laundry, all high end appliances, ample parking, & strong rental demand. Residents enjoy private outside porch areas plus 2nd-floor upper units offer deck areas also.This quaint village of Arena is located in the Northeastern part of Iowa County. The township is bordered by the Wisconsin River on the North, Dane County on the East, Spring Green to the West, and Mount Horeb to the South. It's a prime opportunity for savvy investors seeking steady cash flow and long-term appreciation.
Location
State WI
County Iowa
Area Arena - V
Zoning R3
Direction Property is located directly off US Hwy 14 next to the Town of Arena building.
Rooms
Basement None
Interior
Heating Forced air
Inclusions (8) stainless steel refrigerators, (8) stainless steel dishwashers, (8) stainless steel glass top electric stoves/oven, (8) stack washer and dryer combo
Heat Source Natural Gas
Exterior
Parking Features None
Utilities Available Separate elec meters,Separate gas meters,Separate water meters
Building
Water Municipal water,Municipal sewer
Structure Type Aluminum/Steel
Schools
Elementary Schools Call School District
Middle Schools Call School District
High Schools River Valley
School District River Valley