MLS Public Remarks Showings 5/19 & 5/20. Rare investment opportunity to own an 8-Unit apartment in quiet residential area of Cross Plains. Each unit has access to patio or balcony. Walking distance to parks, trails, schools, and downtown Cross Plains. One unit completely renovated with new flooring and new stainless steel appliances in 2021. Concrete walkways also replaced in 2021. Many great long-term tenants. Basement has private storage units and coin-op laundry. Professionally managed for past two years. Three renewals away from a possible $7800/mo in rental income. Middleton/Cross Plains School District.
Location Village
Other Marketing Area
Mailing City Cross Plains
C/T/V Village
Unit #
Directions Highway 14 Northeast To Valley Street. Property Is On Right.
Number of Units 8
Year Built 1970
# Furnaces 1
Heating Type Rad Elec
Heating Fuel Nat Gas
# Water Heaters 1
# Water Softeners 1
# Stoves 8
# Refrigerators 8
# Dish Washers 8
# Washers 2
# Dryers 2
# Units w/AC 8
Number of Efficiencies 0
Number of 1 Bedrooms 0
Number of 2 Bedrooms 8
Number of 3+ Bedrooms 0
Total Income 0
Total Expenses 0
Net Operating Inc 0
Year
School District Middleton-Cross Plains
High School Middleton
Middle Glacier Creek
Elementary Call School District
Land Assessment $142,500
Improvements $337,500
Total Assessment $480,000
Net Taxes $10,255
Assessment Year 2022
Tax Year 2022
Owner
Zoning B COMM
Subdivision
Name of Lake/River
Est. Total Acres 0.52
Source for Est. Total Acres PubR
Unit 1 Air conditioning, Balcony/patio, Dishwasher, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc
Unit 2 Air conditioning, Balcony/patio, Dishwasher, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc
Unit 3 Air conditioning, Balcony/patio, Dishwasher, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc
Unit 4 Air conditioning, Balcony/patio, Dishwasher, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc
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Landlord Pays |
| Unit |
Bedrooms |
Full Baths |
Half Baths |
Lease Expiration Date |
Month Rent |
Fin Sq.Ft |
Parking |
Elec |
Heat |
W/S |
| 1 |
2 |
1 |
0 |
07/31/2024 |
$1015 |
850 |
1 Space |
No |
Yes |
Yes |
| 2 |
2 |
1 |
0 |
8/31/2023 |
$1025 |
850 |
1 Space |
No |
Yes |
Yes |
| 3 |
2 |
1 |
0 |
6/30/2024 |
$785 |
850 |
1 Space |
No |
Yes |
Yes |
| 4 |
2 |
1 |
0 |
7/31/2024 |
$975 |
850 |
1 Space |
No |
Yes |
Yes |
Items Included 8 refrigerators, 8 stoves, 8 dishwashers, 2 coin-op wash machines, 2 coin-op dryers, 1 water softener
Items Excluded Seller and tenant's personal property.
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full, Poured Concrete Foundation
Type 2 story, Apartment building
Parking per Unit 1 space, 2 spaces, Outside
Barrier-free Features
Exterior Brick, Stone
Waterfront
Terms Exchange
Utilities Sep elec meters each unit
Legal Documents Income/Exp Report Avail, Lease(s) on file
Miscellaneous In a flood plain, Internet - Cable, Security system, Water Softener Owned
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Keller Williams Realty
