MLS Public Remarks Fully rented and easy to rent 4 unit in Cottage Grove. This money making investment property may be under rented. Located in highly desirable Monona Grove School District within walking distance to Cottage Grove elementary school. Each unit gets a bonus garage stall. Wonderful opportunity for the first time investor or to expand existing portfolio. One 3 bedroom, one 2 bedroom and two 1 bedrooms. 10% return on investment & additional coin op laundry.
Location Village
Other Marketing Area
Mailing City Cottage Grove
C/T/V Village
Unit #
Directions Main St In Cottage Grove
Number of Units 4
Year Built 1889
# Furnaces 1
Heating Type ForcAir
Heating Fuel Nat Gas
# Water Heaters 3
# Water Softeners 1
# Stoves 4
# Refrigerators 4
# Dish Washers 0
# Washers 0
# Dryers 0
# Units w/AC 0
Number of Efficiencies 0
Number of 1 Bedrooms 2
Number of 2 Bedrooms 1
Number of 3+ Bedrooms 1
Total Income 0
Total Expenses 13099
Net Operating Inc 19781
Year 2011
School District Monona Grove
High School Monona Grove
Middle Glacial Dr
Elementary Taylor Prairie
Land Assessment $54,400
Improvements $205,400
Total Assessment $259,800
Net Taxes $5,811
Assessment Year 2014
Tax Year 2015
Owner
Zoning R-1
Subdivision
Name of Lake/River
Est. Total Acres 0.0
Source for Est. Total Acres
Unit 1 Cable available, Dishwasher, Eat-in kitchen, Private Entry, Range/oven, Refrigerator
Unit 2 Cable available, Eat-in kitchen, Range/oven, Refrigerator
Unit 3 Cable available, Eat-in kitchen, Range/oven, Refrigerator
Unit 4 Cable available, Dishwasher, 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 |
3 |
1 |
0 |
03/31/2017 |
$825 |
0 |
1 Car Garage |
No |
Yes |
No |
2 |
1 |
1 |
0 |
11/30/2016 |
$610 |
0 |
1 Car Garage |
Yes |
Yes |
Yes |
3 |
1 |
1 |
0 |
04/30/2017 |
$620 |
0 |
1 Car Garage |
Yes |
Yes |
Yes |
4 |
2 |
1 |
0 |
05/31/2017 |
$750 |
0 |
1 Car Garage |
No |
Yes |
No |
Items Included
Items Excluded
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full, Storage area
Type 3 story, Apartment building
Parking per Unit 1 Car garage
Barrier-free Features
Exterior Aluminum
Waterfront
Terms
Utilities Other
Legal Documents Income/Exp Report Avail, Lease(s) on file, Weatherizations cert.
Miscellaneous
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of First Weber Inc