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$ 1,090,000
Est. payment | /mo
0.56 Acres Lot
$ 1,090,000
Est. payment | /mo
0.56 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2033751
Year Built 1981
Annual Tax Amount $12,021
Tax Year 2025
Lot Size 0.561 Acres
Acres 0.561
Property Description
Excellent investment opportunity in Cross Plains, Wisconsin! This well-maintained 8-unit multifamily property features spacious 2-bedroom, 2-bath units. Four of the eight units have been recently updated with new luxury vinyl plank flooring, new light fixtures, and fresh paint throughout, including walls, trim, and doors. All exterior decks have also been upgraded with low-maintenance composite decking and vinyl railings, providing long-term durability and added appeal. Current rents are slightly below market, offering a new owner an opportunity to increase rental income over time. With desirable unit layouts, significant recent improvements, and potential for additional revenue growth, this property offers an attractive combination of current income and future upside. No separate showings- Seller is offering a group tour Friday, Oct. 2, Noon-1pm.
Location
State WI
County Dane
Zoning MulFam
Interior
Heating Natural Gas
Cooling Radiant/Electric
Inclusions 8 Stoves/Ranges, 8 Wall A/C units, 8 Refrigerators, 8 Dishwashers. 2 Washers and 2 Dryers are leased through Jetz Company.
Exterior
Exterior Feature Vinyl, Brick
Building
Dwelling Type 2 Story
Story 1 - 2
Sewer Municipal Sewer
New Construction N
Schools
Elementary Schools Call School District
Middle Schools Glacier Creek
High Schools Middleton
School District Middleton-Cross Plains
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Listed by Collective Real Estate Group