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Listed with Stark Company, REALTORS
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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. The property also offers a surface outdoor parking lot for convenient tenant parking. Solid brick construction, consistent rental history, and excess commercially zoned land make this a compelling opportunity for investors seeking income today with flexibility for future growth.
| LAST UPDATED | 2/23/2026 | YEAR BUILT | 1976 |
|---|---|---|---|
| COUNTY | Dane | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| School District | Mount Horeb |
|---|---|
| Elementary School | Mount Horeb |
| Jr. High School | Mount Horeb |
| High School | Mount Horeb |
| ADDITIONAL DETAILS | |
| APPLIANCES | Cooktop, Dryer, Refrigerator, Water Softener |
|---|---|
| BASEMENT | Full, Yes |
| CONSTRUCTION | Brick |
| LOT | 0.32 acre(s) |
| MLS STATUS | Active |
| SEWER | Public Sewer |
| TAXES | 14286 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listed with Stark Company, REALTORS
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