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Additional details
Listed by The Starboard Group* • Berkshire Hathaway Starck Real Estate
$1,950,000
Est. payment /mo
0.35 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality LAKE GENEVA
MLS Listing ID 1918462
Year Built 1900
Annual Tax Amount $8,687
Tax Year 2024
Lot Size 0.350 Acres
Acres 0.35
Property Description
Prime 8-plex investment opportunity in downtown Lake Geneva's historic Maple Park. This property includes a charming Victorian home and a modern 4-plex, offering 8 fully leased units with long-term tenants. Recent upgrades include new roofs, furnaces, hot water heaters, and unit renovations like kitchens, baths, and flooring. Boasting a strong 4.5 CAP rate, this solid turnkey property provides steady income and excellent growth potential. Coveted off-street parking for 12+ cars. Located in a desirable lakeside community, walking distance to everything Lake Geneva has to offer, it's ideal for investors seeking high-performing multifamily real estate. Don't miss this rare chance--schedule your private showing today!
Location
State WI
County Walworth
Zoning unknown
Rooms
Basement Full
Interior
Heating Electric, Natural Gas
Cooling Individual Heating Units
Inclusions Unit kitchen appliances, common area washer/dryer - convey 'as-is'
Equipment Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
Exterior
Exterior Feature Aluminum/Steel, Aluminum, Wood
Building
Dwelling Type Apartment Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
Middle Schools Lake Geneva
High Schools Badger
School District Lake Geneva J1
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