Bought with Platteville Realty LLC
$425,000
$475,000
10.5%For more information regarding the value of a property, please contact us for a free consultation.
197 & 217 E Alona Ln Lancaster, WI 53813
7 Beds
4 Baths
3,255 SqFt
Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Apartment building
Listing Status Sold
Purchase Type For Sale
Square Footage 3,255 sqft
Price per Sqft $130
MLS Listing ID 1850372
Sold Date 03/02/20
Bedrooms 7
Full Baths 4
Year Built 1976
Annual Tax Amount $7,518
Tax Year 2018
Lot Size 0.470 Acres
Acres 0.47
Property 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.
Location
State WI
County Grant
Area Lancaster - C
Zoning R-3
Direction 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.
Rooms
Basement Full, Finished, Poured concrete foundatn
Interior
Heating Other
Heat Source Electric
Exterior
Parking Features 1 space, Outside
Utilities Available Separate elec meters, Separate water meters
Building
Water Municipal water, Municipal sewer
Structure Type Vinyl,Brick
Schools
Elementary Schools Winskill
Middle Schools Lancaster
High Schools Lancaster
School District Lancaster
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