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538 W Wilson St,  Madison,  WI  53703 $650,000 Sold
538 W Wilson St,  Madison,  WI  53703
$650,000
Sold
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 Property Type Multi Family
 Parcel # 070923133270
 County Dane
 Sub Area W01
 Municipality Madison
 MLS# 1938763
 Listing Date 07/07/2022
 Sold Price $650,000
 Close Date 10/05/2022 12:00 AM

MLS Public Remarks  Everything updated in 2012...electrical, plumbing, windows, refinished hardwood floors, trim, doors, kitchen, baths, appliances, countertops, lighting fixtures, etc. See associated docs for more details. Seller is a licensed real estate agent in WI. Buyer must agree to cooperate with Seller's 1031 exchange if applicable. Quick closing preferred. Upper unit rented for $2500/month 2022-2023. Lower unit is rented for $2300/month 2022-2023. See MLS #1938744 for sale next door.
Documents and Related Links  
1) Addendum S
2) Aerial
3) RECR
4) Updates & Info
5) Current Lease & Parking Rents 21-22' - Diagram
6) Future Lease & Parking Rents 22-23' - Diagram
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  West Washington To South Bassett To West Wilson
    • BUILDING INFO  
  • Number of Units  2
  • Year Built  1889
  • # Furnaces  2
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  2
  • # Stoves  2
  • # Refrigerators  2
  • # Dish Washers  2
  • # Washers  1
  • # Dryers  1
  • # Units w/AC  2
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  0
  • Number of 3+ Bedrooms  2
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  2022
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  West
  • Middle  Hamilton
  • Elementary  Franklin/Randall
  • Land Assessment  $139,100
  • Improvements  $357,700
  • Total Assessment  $496,800
  • Net Taxes  $10,595
  • Assessment Year  2022
  • Tax Year  2021
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  DR2
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.1
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Air conditioning, Balcony/patio, Dishwasher, Individual heat control, Range/oven, Refrigerator, Washer/dryer, Wood or sim. wood floor
  • Unit 2  Air conditioning, Balcony/patio, Dishwasher, Individual heat control, Range/oven, Refrigerator, Washer/dryer, Wood or sim. wood floor
  • Unit 3  
  • Unit 4  
    • 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 8/14/23 $2300 1,020 1 Car Garage No No Yes
    2 3 1 0 8/14/23 $2525 1,020 1 Car Garage No No Yes
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included 2 Refrigerators, 2 Stoves, 2 Dishwashers, 2 Microwaves, Water Softner, Washer, Dryer, All Window Coverings
    Items Excluded 
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Other Foundation
    • EXTERIOR FEATURES  
  • Type   2 flat, 2 story
  • Parking per Unit  2 Car garage, 2 spaces, Detached
  • Barrier-free Features  
  • Exterior  Vinyl
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  Condition report on file
  • Miscellaneous  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of First Weber Inc