MLS Public Remarks Desirable 16 unit apartment complex with onsite parking located just of E. Washington Ave. on Madison???s east side. This parcel consist of two 8 unit apartment buildings with four 2 bedroom units and four 1 bedroom units in each building. Tenants pay all utilities except water & sewer. There are a total 16 electric water heaters. Priced at 7.27 times rent. This is one of the best multifamily units available in Madison, WI at this time.
Location City
Other Marketing Area
Mailing City Madison
C/T/V City
Unit #
Directions E Wash To Oak St. Right On Hoard St.
Number of Units 16
Year Built 1975
# Furnaces 0
Heating Type 1 Other
Heating Fuel Elec
# Water Heaters 16
# Water Softeners 0
# Stoves 16
# Refrigerators 16
# Dish Washers 0
# Washers 2
# Dryers 2
# Units w/AC 0
Number of Efficiencies 0
Number of 1 Bedrooms 8
Number of 2 Bedrooms 8
Number of 3+ Bedrooms 0
Total Income 0
Total Expenses 0
Net Operating Inc 0
Year 2013
School District Madison
High School East
Middle OKeeffe
Elementary Lapham/Marquette
Land Assessment $87,500
Improvements $664,500
Total Assessment $752,000
Net Taxes $18,046
Assessment Year 2012
Tax Year 2012
Owner
Zoning TR-V2
Subdivision
Name of Lake/River
Est. Total Acres 0.0
Source for Est. Total Acres
Unit 1 Air conditioning, Cable available, Eat-in kitchen, Range/oven, Refrigerator
Unit 2 Air conditioning, Cable available, Eat-in kitchen, Range/oven, Refrigerator
Unit 3 Cable available, Eat-in kitchen, Range/oven, Refrigerator
Unit 4 Cable available, Eat-in kitchen, Range/oven, Refrigerator
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Landlord Pays |
Unit |
Bedrooms |
Full Baths |
Half Baths |
Lease Expiration Date |
Month Rent |
Fin Sq.Ft |
Parking |
Elec |
Heat |
W/S |
1 |
2 |
1 |
0 |
05/31/2015 |
$700 |
480 |
1 Space |
No |
No |
Yes |
2 |
1 |
1 |
0 |
05/31/2015 |
$585 |
390 |
1 Space |
No |
No |
Yes |
3 |
2 |
1 |
0 |
06/30/2015 |
$695 |
480 |
1 Space |
No |
No |
Yes |
4 |
1 |
1 |
0 |
06/30/2015 |
$585 |
390 |
1 Space |
No |
No |
Yes |
Items Included
Items Excluded
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Outside entry only
Type 2 story, Apartment building
Parking per Unit Outside
Barrier-free Features
Exterior Wood
Waterfront
Terms
Utilities Individ Control Each Unit, Sep elec meters each unit
Legal Documents
Miscellaneous Shared laundry
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Madison Property Management, Inc.