Ron Kubalanza
BEDS0
BATHS
MLS#22600132
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLIola-Scandinavi
Listing Courtesy of:
KPR BROKERS, LLC
Agency Phone: 8007469464
Property Description
Investment Opportunity! Discover this unique 12-unit apartment complex located in the Village of Iola! Spanning an entire block, this property consists of two combined buildings with over 39,000 square feet and offers ample space with potential to add additional units or repurpose the other square footage. The complex features off-street parking for tenants, on-site laundry, and inviting common gathering areas, perfect for socializing, card nights, or game day Sundays. Unit layouts include a mix of 2-bedroom/1-bath and 1-bedroom/1-bath apartments. The property boasts a strong rental history, and all units are currently occupied. The other building has potential to be repurposed or could be other potential uses. It was formerly used as a medical facility. The construction materials would be difficult to duplicate for the price this one is being offered at. Lower level features additional storage areas and utility rooms. There is a ton of potential with all the square footage this property has to offer, plus the cash flow from the 12 units that is currently in place makes this a
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 116,741
Roof Type: Shingle, Flat, Other
Taxes: $13,064
Year Built: 1965
Units
Unit 1:
Bedrooms: 1
Full Baths: 1
Unit 2:
Bedrooms: 2
Full Baths: 1
Unit 3:
Bedrooms: 1
Total Baths: 1.0
Unit 4:
Bedrooms: 2
Total Baths: 1.0
Amenities
Ceiling Fan(s)
Smoke Detector(s)
Cable/Satellite Available
Walk-in closet(s)
Deck
Patio
Appliances
Refrigerator
Range/Oven
Feature Descriptions
Building: Complex, 1 Story
Data Source: WIREX_CWBR
Days on Site: 54
Exterior: Brick/Stone, Vinyl, Other
Lot Dimensions: 116,741
Units: 12
Water/Waste: Municipal Water, Municipal Sewer
Local Schools
High School: Iola-Scandinavi
Middle School: Iola-Scandinavi
Elementary School: Iola-Scandinavi
School District: Iola-Scandinavi
Listed By / Shown By
Listed By
Agency Name: KPR BROKERS, LLC
Agency Phone: 8007469464
Shown By
Agent Name: Ron Kubalanza
Agent Phone: (608) 421-0093
Agency Title: Stark Company Realtors
Estimate Your Payment
Estimated Payment
$ 6,655.25 per month $5,276.38 Principal & Interest $1,088.67 Property Tax $290.21 Homeowner's InsuranceChange Payment Information
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165 S Chet Krause Drive, Unit 185 | MLS# 22600132
This multi-family property located at 165 S Chet Krause Drive, Unit 185, Iola, WI 54945 is currently listed for sale with an asking price of $995,000. S Chet Krause Drive, Unit 185 is located within the Iola-Scandinavi school district. Search Iola real estate on rkubalanza.starkhomes.com today.