Arena, WI 53503,162 Highway 14
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Arena, WI 53503,162 Highway 14
Arena, WI 53503,162 Highway 14
Arena, WI 53503,162 Highway 14
Arena, WI 53503,162 Highway 14
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Listed by RE/MAX RealPros • Off: 608-254-9488
$ 1,799,000
Est. payment /mo
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162 Highway 14 Arena, WI 53503

4 Beds

2 Baths

1,720 SqFt


UPDATED:

03/05/2025 11:43 AM

Key Details

Property Type Multi-Family

Sub Type Apartment building,2 story,New/Never occupied

Listing Status Active

Purchase Type For Sale

Square Footage 1,720 sqft

Price per Sqft $1,045

MLS Listing ID 1994545

Bedrooms 4

Full Baths 2

Year Built 2024

Annual Tax Amount $4,230

Tax Year 2023

Lot Size 1.440 Acres

Acres 1.44

Property Sub-Type Apartment building,2 story,New/Never occupied

Property Description

Brand New two story 8-Plex Investment Opportunity! This modern property offers 8 spacious & accessibility friendly units, each w/potential of $1,385+/- per month in rent w/tenants covering all utilities. Low-maintenance & high-return, this turnkey asset boasts premium finishes, in unit laundry, all high end appliances, ample parking, & strong rental demand. Residents enjoy private outside porch areas plus 2nd-floor upper units offer deck areas also.This quaint village of Arena is located in the Northeastern part of Iowa County. The township is bordered by the Wisconsin River on the North, Dane County on the East, Spring Green to the West, and Mount Horeb to the South. It's a prime opportunity for savvy investors seeking steady cash flow and long-term appreciation.

Location

State WI

County Iowa

Area Arena - V

Zoning R3

Direction Property is located directly off US Hwy 14 next to the Town of Arena building.

Rooms

Basement None

Interior

Heating Forced air

Inclusions (8) stainless steel refrigerators, (8) stainless steel dishwashers, (8) stainless steel glass top electric stoves/oven, (8) stack washer and dryer combo

Heat Source Natural Gas

Exterior

Parking Features None

Utilities Available Separate elec meters, Separate gas meters, Separate water meters

Building

Water Municipal water, Municipal sewer

Structure Type Aluminum/Steel

Schools

Elementary Schools Call School District

Middle Schools Call School District

High Schools River Valley

School District River Valley


South Central Wisconsin MLS (SCWMLS)
agent

Melissa Dix

Agent | License ID: 83984-94

+1(608) 434-8909

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