197 & 217 E Alona Lane Lancaster, WI 53813

Multi-Family (2-4 Units) MLS #: 1850372 Listed By CENTURY 21 Affiliated

$475,000

14 beds | 8 baths
 
Est. Property Tax: $7,518
Estimated monthly payments: $2,703/mo.* (recalculate)
Get Directions to this Property
IMG_4611r
27 Photos

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.

Features

  • Age: 41-50 Years Old
  • Appliances: Dishwasher, Range / Oven, Refrigerator
  • Cooling: A/C
  • Exterior Description: Brick
  • Heating - Fuel Type: Electric
  • Road Type: City / Town Street
  • Sewer: City
  • Style: Not Applicable
  • Water: City Water

School Information

197 & 217 E Alona Lane, Lancaster, WI 53813

Elementary School
Grades PRESCHOOL-5 | Public School
WINSKILL ELEMENTARY SCHOOL
LANCASTER, WI 53813
861 W MAPLE ST
608-723-4066
Distance: 1.1 mi
School Rating
Parent Rating
Student:Teacher Ratio
13:1
Total Students
500
Middle School
Grades 6-8 | Public School
LANCASTER MIDDLE SCHOOL
LANCASTER, WI 53813
802 E ELM ST
608-723-6425
Distance: 1.0 mi
School Rating
Parent Rating
Student:Teacher Ratio
12:1
Total Students
220
High School
Grades 9-12 | Public School
LANCASTER HIGH SCHOOL
LANCASTER, WI 53813
806 E ELM ST
608-723-2173
Distance: 1.0 mi
Ratings (77)
School Rating
Parent Rating
Student:Teacher Ratio
11:1
Total Students
269
Other Nearby Schools Distance Type Grades School Rating Parent Rating
St Clement School 0.9 mi Catholic PRESCHOOL-6
Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Lancaster, WI 53813

Median Age: 41.8
Married: 45.0%
Number of Households: 2,465
Households with Children: 622
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home