About 114 2nd Street
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. 6.96 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
Features of 114 2nd Street
| MLS® # | 2001802 |
|---|---|
| Price | $1,575,000 |
| Type | Multi Family |
| Status | Active |
| Detailed Status | Active |
| Net Taxes | $42,414 |
| Tax Year | 2024 |
Community Information
| Address | 114 2nd Street |
|---|---|
| Area | NEW GLARUS - V |
| City | New Glarus |
| County | Green |
| State | WI |
| Zip Code | 53574 |
Amenities
| Utilities | Separate elec meters, Separate gas meters |
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Interior
| Heating | Forced air |
|---|
Exterior
| Exterior | Wood, Brick, Stucco |
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School Information
| District | New Glarus |
|---|---|
| Elementary | New Glarus |
| Middle | New Glarus |
| High | New Glarus |
Additional Information
| Zoning | C-1 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Assessed Value | $1,510,400 |
| Year Assessed | 2025 |
Open House Information
Listing Details
| Office | Acres Realty |
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