114 2nd Street Active

New Glarus,WI 53574

$ 1625000

5 Beds

3 Baths

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Apartment building,2 story

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2001802

Bedrooms 5

Full Baths 2

Half Baths 2

Annual Tax Amount $42,414

Tax Year 2024

Lot Size 0.438 Acres

Acres 0.438

Property Sub-Type Apartment building,2 story

Property Description

Own The Flan Lofts - one of the most sought-after apartment communities in New Glarus! Completely renovated in 2015, The Flan boasts 9 high-end apartments of every shape and size, featuring high ceilings, hardwood floors, outdoor patio space, and modern fixtures blended with historic Swiss charm. New Glarus is home to a highly rated school system and several popular festivals. Highly sought after by tenants resulting in a near-zero vacancy rate since its conversion. 6.77 CAP. Includes parcels 0156.0000, 0159.01000, & 0161.0100. See Docs for OM. Contact broker for rent roll. Redundant HVAC system behind building to be removed by Seller. Seller to repair back door to lower level. 2025 assmt lowered from $2,196,500 in 2024. All measurements appx, Buyer to verify. LA related to Seller

Location

State WI

County Green

Area New Glarus - V

Zoning C-1

Direction 2nd St north from downtown New Glarus, past 2nd Ave, on the east side of road

Rooms

Basement Full

Interior

Heating Forced air

Heat Source Natural Gas

Exterior

Parking Features Detached,Outside

Utilities Available Separate elec meters,Separate gas meters

Building

Water Municipal water,Municipal sewer

Structure Type Wood,Brick,Stucco

Schools

Elementary Schools New Glarus

Middle Schools New Glarus

High Schools New Glarus

School District New Glarus

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