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Arena,WI 53503
Key Details
Property Type Commercial
Sub Type Apartment building
Listing Status Active
Purchase Type For Sale
Square Footage 9,858 sqft
Price per Sqft $182
MLS Listing ID 1993378
Year Built 2024
Annual Tax Amount $4,231
Tax Year 2023
Lot Size 0.480 Acres
Acres 0.48
Property Sub-Type Apartment building
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 Slab/None
Interior
Heating Forced air,Central air
Cooling Forced air,Central air
Inclusions (8) stainless steel refrigerators, (8) stainless steel dishwashers, (8) stainless steel glass top electric stoves/oven, (8) stack washer and dryer combo
Exterior
Parking Features 11-20 spaces,Onsite,Paved
Roof Type Metal
Building
Story 2
Water Municipal water,Municipal sewer
Structure Type Steel
Others
SqFt Source Blue Print
Energy Description Natural gas