Well-maintained 8-unit brick apartment building with additional commercially zoned land included, offering future development or expansion potential. This property presents multiple value-add and long-term upside opportunities. The building itself is fully leased with year-to-year leases in place, providing immediate and stable cash flow. Recent capital improvements include a newer roof, updated mechanical systems, and a newer coin-operated laundry system for supplemental income. Each unit features separate electric meters, helping keep operating expenses efficient and transparent. Tenants benefit from basement storage units, adding everyday functionality and desirability. The property also offers a surface outdoor parking lot for convenient tenant parking. Solid brick construction, consistent rental history, and excess commercially zoned land make this a compelling opportunity for investors seeking income today with flexibility for future growth.
Great duplex in central Mt Horeb on two lots--.69 acres! One lot is not buildable at this time & will require village approval. Property is close to main street, restaurants, Old Schoolhouse & Military Ridge Trl. Each unit is approx 900sqft with 2 bedrooms, full bath, generous LR, dining space in kitchen. Updated flooring, electrical, some lighting & kitchen work as well! Common laundry room in the back that is heated. Sep meters for gas & water. Tenants require 24 hr showing notice. Leases avail upon request. Permit allows for new driveway/off street parking on the south-west side of the duplex--off of 2nd St.
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Mount Horeb is located in Wisconsin. Mount Horeb, Wisconsin has a population of 7,727. Mount Horeb is more family-centric than the surrounding county with 48.43% of the households containing married families with children. The county average for households married with children is 33%.
The median household income in Mount Horeb, Wisconsin is $84,259. The median household income for the surrounding county is $78,452 compared to the national median of $69,021. The median age of people living in Mount Horeb is 36.2 years.
The average high temperature in July is 82 degrees, with an average low temperature in January of 9.6 degrees. The average rainfall is approximately 37.2 inches per year, with 40.9 inches of snow per year.