Great investment opportunity in the well sought after village of New Glarus. This property is a 5 unit mixed use building, 4 of the units being residential units and a commercial unit in the front. The building boasts new windows throughout, the 4 residential units have all been completely remodeled in 2018 and the commercial unit is a former restaurant that is gutted and awaiting a buildout. Bring your vision to life and let your money work for you.
Excellent Investment Opportunity in New Glarus, WI. Please note the rents on this property and evaluate against other rentals in this area - finishes are excellent on the inside, parking is available in both the form of garage and off street paved lot. Balconies and porches for each unit - this is a far cry from your typical rental in this area! Sellers have had long term tenants with some of these leases coming due this fall, and two of the 4 coming due next August. Let you money start working for you!
New Glarus is located in Wisconsin. New Glarus, Wisconsin has a population of 2,211. New Glarus is more family-centric than the surrounding county with 33.49% of the households containing married families with children. The county average for households married with children is 28.42%.
The median household income in New Glarus, Wisconsin is $78,333. The median household income for the surrounding county is $70,267 compared to the national median of $69,021. The median age of people living in New Glarus is 40 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 9.7 degrees. The average rainfall is approximately 37.2 inches per year, with 39.9 inches of snow per year.