162 Highway 14 Active Save Request In-Person Tour Request Virtual Tour
Arena,WI 53503
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality ARENA
MLS Listing ID 1994545
Year Built 2024
Annual Tax Amount $4,230
Tax Year 2023
Lot Size 1.440 Acres
Acres 1.44
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
Zoning R3
Rooms
Basement None / Slab
Interior
Interior Features High Speed Internet
Heating Natural Gas
Cooling 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
Exterior
Exterior Feature Aluminum/Steel
Utilities Available Separate Electric Meters,Separate Gas Meters,Separate Water Meters
Building
Dwelling Type Apartment Building,2 Story
Sewer Municipal Water,Municipal Sewer
New Construction Y
Schools
Elementary Schools Call School District
Middle Schools Call School District
High Schools River Valley
School District River Valley