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Oleg Kizimenko

oleg@madisonandbeyondrealty.com +1(608) 448-9288

$1,379,000

Est. payment - /mo

0.52 Acres Lot

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2031702

Year Built 1970

Annual Tax Amount $12,022

Tax Year 2025

Lot Size 0.520 Acres

Acres 0.52

Property Description

Excellent investment opportunity in Cross Plains and the very desirable Middleton-Cross Plains Area School District! This well-maintained eight-unit apartment building features all two-bedroom, one-bath units with a strong rental history and additional income from four coin-operated washers and four coin-operated dryers. Numerous unit improvements were completed in 2025 and 2026, including updated kitchens and bathrooms, LVP flooring, carpet, paint, trim, lighting, ceiling fans, appliances and blinds. Additional property improvements include foundation repairs with a transferable 20-year warranty, landscaping and regrading. Tucked back in an established area surrounded primarily by single-family homes, the property offers a desirable residential setting. Current rents offer potential upside, making this an attractive opportunity for investors seeking stable income with room for future growth.

Location

State WI

County Dane

Zoning Comm

Rooms

Basement Full, Poured Concrete

Interior

Interior Features Water Softener, High Speed Internet

Heating Natural Gas

Cooling Radiant/Electric

Inclusions Range/Oven (8), refrigerator (8), dishwasher (8), coin operated washer (4), coin operated dryer (4), water softener.

Exterior

Exterior Feature Brick

Utilities Available High Speed Internet Available, Separate Electric Meters

Building

Dwelling Type Apartment Building,2 Story

Story 1 - 2

Sewer Municipal Water, Municipal Sewer

New Construction N

Schools

Elementary Schools Call School District

Middle Schools Glacier Creek

High Schools Middleton

School District Middleton-Cross Plains

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Listed by First Weber Inc

2512 Valley Street Cross Plains, WI 53528