DON'T MISS A NEW LISTING AGAIN!

Register Now
Already registered? Login

FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free!
*Contact Information is NOT Shared*

Brian Kirsch

Brian Kirsch
NewLine Real Estate, LLC


608-723-2018

Contact Us

Quick Search


view all


Any

Any

No Min.

No Max.
Back to Saved Search
Listing 18 out of 27
$475,000 For Sale

197 & 217 E Alona Ln
Lancaster, WI 53813

8 units | Multi Family Home
20473 sq ft lot - MLS# 1850372 Courtesy of Century 21 Affiliated
Property Photo
1/17

Description

Great investment opportunity overlooking the Lancaster Golf Course with these two well maintained apartment buildings. Each building features three - 2 bedroom units and one - 1 bedroom unit. There is a common area in each basement housing the washer and dryer and the water heaters. New windows, doors, and roof for each building installed in 2010-2011. New decking in 2009, but stained every 3 years. New paint and carpet in each unit when there is a tenant turnover. Tenants pay all the utilities. Low maintenance buildings with a great rental history in a great location, right on hole number 15.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Grant County
  • Zip Code: 53813
  • Year Built: 1976
  • School District: Lancaster
  • Elementary School: Winskill
  • Middle School: Lancaster
  • High School: Lancaster
  • Units: 8 units
  • Basement: Full, Finished, Poured concrete foundatn
  • Lot Size: 20473 sq ft lot
  • Accessibility: First floor bedroom, First floor full bath, Level drive, Level lot, Width of hal
  • Zoning: R-3
  • Area: Lancaster - C
  • # Dish Washers: 7
  • # Dryers: 2
  • # Refrigerators: 7
  • # Stoves: 7
  • # Units W/Ac: 8
  • # Washers: 2
  • # Water Heaters: 10
  • City/Town/Village: City
  • Directions: Take Hwy 35/61 Into Lancaster. Take A Right Onto East Alona Lane By Happy Joe's Pizza. Apartments On Your Right In 1/2 Mile. Rear Two Buildings.
  • Energy Efficient/Green: Low E Windows
  • Exterior: Vinyl, Brick
  • Heating Fuel: Electric
  • Items Included: 7 Stoves, 7 Refrigerators, 7 Dishwashers, 8 Air Conditioning Units, 2 Washers, 2 Dryers, 10 Water Heaters
  • Land Assess: 33000
  • Municipality: Lancaster
  • Net Operating Income: 5721
  • Net Taxes: 7518
  • Number Of 1 Bedrooms: 2
  • Number Of 2 Bedrooms: 6
  • Source Of Est. Acres: List Agent
  • Tax Year: 2018
  • Total Assess: 356700
  • Total Expenses: 35877
  • Total Income: 41598
  • Unit 1: 1-Bed, 1-Full-Bath, 600 SqFt
  • Unit 2: 2-Bed, 1-Full-Bath, 885 SqFt
  • Unit 3: 2-Bed, 1-Full-Bath, 885 SqFt
  • Unit 4: 2-Bed, 1-Full-Bath, 885 SqFt
  • Utilities: Separate Elec Meters, Separate Water Meters
  • Water/Waste: Municipal Water, Municipal Sewer
  • Listing Office: Century 21 Affiliated
Courtesy of Century 21 Affiliated

Brian Kirsch | 608-723-2018 | Contact Me
205 W Cherry St, Lancaster, WI 53813
Copyright © 2017, All Rights Reserved

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu