Contact us: 563.441.1776
Description
Looking for a turnkey investment opportunity? Olive Tree Residences presents a shovel-ready multifamily condominium development opportunity in Fitchburg, WI. PDD/SIP zoning approval was granted and recorded September 2025, providing certainty for the approved 20-unit program. Plans call for 2?3 bedroom units (approx. 1,700?2,500 SF) with 2.5?3.5 baths and attached 2-car garages?well positioned for strong absorption in a high-demand market. Significant entitlement, permitting, and due-diligence work has already been completed: all public utility permits (erosion control, stormwater, MMSD, WI DNR), Phase I ESA, geotechnical report, asbestos/mold remediation, and full site demolition/clearing. Engineering is complete; CAD files available. Construction bid interest secured. Recently combined parcels are approx. 2.28 acres. Significant upfront risk mitigated?ready for execution and capital deployment.
Property Highlights
Property Type: Land - Multiple
Total Acres:
General Information
County: Dane
High School: Lafollette
Listed By:
RE/MAX Preferred
Rachel@InkwellWI.com
SCWMLS
MLS ID: 2016317
Listing Courtesy of:
RE/MAX Preferred
Agency Contact: Rachel@InkwellWI.com
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2735 Rimrock Road, Fitchburg, WI 53713.
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563-441-1862
toll free 866-441-1862
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,500,000 | $1,500,000 | $1,500,000 |
| Down Payment | $52,500 | $0 | $300,000 |
| Monthly Mortgage Amount | $8,949 | $9,310 | $7,291 |
| Taxes | $2088 | $2088 | $2088 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $900 | $0 | $0 |
| Monthly Estimated Total | $12,375 | $11,836 | $9,817 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/20/2026. The listing information on this page last changed on 04/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 04/20/2026 12:14:24 AM EST) or MRED MLS (last updated Mon 04/20/2026 12:11:51 AM EST) or SCWMLS (last updated Sun 04/19/2026 11:54:36 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sun 04/19/2026 10:15:20 PM EST) or Cedar Rapids MLS (last updated Sun 04/19/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Mon 04/20/2026 12:08:41 AM EST) or ICAAR MLS (last updated Sun 04/19/2026 11:37:26 PM EST) or ECIMLS (last updated Sun 04/19/2026 11:44:11 PM EST) or RMLSA (last updated Mon 04/20/2026 12:10:56 AM EST) or Muscatine MLS (last updated Mon 04/20/2026 12:00:22 AM EST) or No Coast MLS (last updated Mon 04/20/2026 12:04:15 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright © 2026 South Central Wisconsin MLS Corporation. All rights reserved
Privacy Policy / DMCA Notice / ADA Accessibility
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