Overview

Listing ID:#20181022

Building SF:7,450

Price:$625,000

Building PSF:$83.89

Property Type:Multi-Family

Date Available:Now

1407 2nd St- NG- Sale Brochure.pdf 18072695FLOORPLAN95PROPOSED.pdf TOWN.pdf

Description

Great investment opportunity in the well sought after village of New Glarus. This property is a 5 unit mixed use building, 4 of the units being residential units and a commercial unit in the front. The building boasts new windows throughout, the 4 residential units have all been completely remodeled in 2018 and the commercial unit is a former restaurant that is gutted and awaiting a buildout. Bring your vision to life and let your money work for you.

Financial Information

Gross Income:$64,200

Total Expenses:$24,006

Net Op. Income:$40,194

Cap Rate:6.43%

Building Details

Building Type:Multi-Tenant

Building Status:Existing

Year Built:1952

Year Renovated:2018

Number of Floors:1

Number of Units:5

Zoning:Commercial

Outside Parking:Yes

Municipal Sewer:Yes

Municipal Water:Yes

Contact Listing Agent

Carson Brewer

608-445-2384
608-445-2384
Email

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