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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. 6.96 CAP. Includes parcels 0156.0000,...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

Property Details for 114 2nd Street

Zoning
C-1
LISTING UPDATED: 11/11/2025 07:12 PM

Property Details for 114 2nd Street

StatusOffer - No Show
MLS #2001802
Days on Market154
Taxes$42,414 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Apartment building
Year Built999
CountyGreen County

Location

Listing Courtesy of Acres Realty
Add your commute

Building Information for 114 2nd Street

Building/Complex114 2nd StFloor-Stories-Residences9Pet Policy-Pet Policy Details-Year Built999Building Size-

Payment Calculator

$11,211 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,676

Property Taxes

$3,535

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 114 2nd Street

Summary
Location and General Information
  • C/T/V: Village
  • County: Green
  • County Qtr Section: Green NW
  • Directions: 2nd St north from downtown New Glarus, past 2nd Ave, on the east side of road
  • Location: NEW GLARUS - V
  • Mailing City: New Glarus
  • Municipality: New Glarus
  • State: WI
  • Zip: 53574
Parking
  • Park/Unit: Detached, Outside
  • Parking Spaces Outside: 7
  • Parking Stalls Inside: 8
School Information
  • Elementary: New Glarus
  • High School: New Glarus
  • Middle School: New Glarus
  • School District: New Glarus
Taxes and HOA Information
  • Net Taxes: $42,414.00
  • Parcel ID: 161-0156.0000
  • Tax Year: 2024
Property
Property and Assessments
  • Class: Multi Family
  • Improvements: 1378400
  • Land Assess: $132,000.00
  • Legal Documents: Lease(s) on file, Income/Exp Report Avail
  • Miscellaneous: Shared laundry, Water Softener Owned, Internet -Fiber Available
  • Total Assess: $1,510,400.00
  • Total Assess Year: 2025
  • Type: Apartment building, 2 story
  • Year Built: 999
Lot Information
  • Estimated Total Acres: 0.438
  • Source of Est. Acres: Assessor
  • Source of Year Built: Other
Utilities
  • Utilities: Separate elec meters, Separate gas meters
  • Water/Waste: Municipal water, Municipal sewer
Interior and Exterior Features
Exterior Features
  • Exterior: Wood, Brick, Stucco
Interior Features
  • Items Excluded: Tenant personal property, Seller personal property in basement, skid loader, snow blowers, HVAC unit currently installed on east side of building.
  • Number of Dish Washers: 9
  • Number of Dryers: 8
  • Number of Furnaces: 9
  • Number of Stoves: 9
  • Number of Refrigerators: 9
  • Number of Washers: 8
  • Number of Water Heaters: 1
  • Number of Water Softeners: 1
  • Basement: Full
  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Number of Efficiencies: 2
Room Information
Bedrooms
  • Number of 1 Bedrooms: 2
  • Number of 2 Bedrooms: 4
  • Number of 3+ Bedrooms: 1
Multi Family
Unit Information
  • Number of Units w/AC: 9
  • Number of Units: 9
Income & Expenses Information
  • Net Operating Income: $110,022
  • Net Operating Income Year: 2025
  • Total Expenses: $58,338
  • Total Income: $168,360
Unit 1
  • U1 Landlord Pays Heat: No
  • U1 Landlord Pays Electric: No
  • U1 Landlord Pays Water/Sewer: Yes
  • Unit 1: Family/Rec rm,Dining room,Eat-in kitchen,Den/office,Balcony/patio,Air conditioning,Fireplace,Range/oven,Refrigerator,Dishwasher,Washer/dryer,Individual heat control,In-unit laundry,Wood or sim. wood floor,Vaulted ceiling(s),Pantry
  • U1 Parking: 1 Car Garage
  • U1 Number of Bedrooms: 3
  • U1 Full Baths: 1
  • U1 Half Baths: 1
  • U1 SqFt: 0
  • Unit 1 Living/Great Room Level: M
  • Unit 1 Primary BedRoom Level: M
  • Unit 1 Kitchen Dimensions: 10X10
  • Unit 1 Living/Great Room Dimensions: 20X20
  • Unit 1 Primary BedRoom Dimensions: 12x10
Unit 2
  • U2 Landlord Pays Heat: No
  • U2 Landlord Pays Electric: No
  • U2 Landlord Pays Water/Sewer: Yes
  • Unit 2: Eat-in kitchen,Balcony/patio,Air conditioning,Range/oven,Refrigerator,Dishwasher,Washer/dryer,Wood or sim. wood floor,Individual heat control,In-unit laundry,Pantry
  • U2 Parking: 1 Car Garage
  • U2 Number of Bedrooms: 2
  • U2 Full Baths: 1
  • U2 Half Baths: 1
  • U2 SqFt: 0

Property History for 114 2nd Street

DateEvent & SourcePriceAppreciation
Nov 11, 2025

Pending

SCWMLS #2001802

Jun 10, 2025

Price Change

SCWMLS #2001802

$1,625,000
Jun 10, 2025

Listed (Active)

SCWMLS #2001802

$1,575,000
DateEvent & SourcePrice
11/11/2025

Pending

SCWMLS #2001802

06/10/2025

Price Change

SCWMLS #2001802

$1,625,000
06/10/2025

Listed (Active)

SCWMLS #2001802

$1,575,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 114 2nd Street

This home is within New Glarus School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - 1 to 12
Rating
School
Distance
New Glarus Elementary School
PublicPK to 5

New Glarus Middle School
Public6 to 8

New Glarus Middle/High School
Public9 to 12

New Glarus Christian School
Private1 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Acres Realty

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 11/11/2025 07:12 PM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2026 – WiREx. – All Rights Reserved