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815 E Johnson Street,  Madison,  WI  53703 $749,900 Sold
815 E Johnson Street,  Madison,  WI  53703
$749,900
Sold
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 Property Type Multi Family
 Parcel # 0709-132-1036-9
 County Dane
 Sub Area E01
 Municipality Madison
 MLS# 1968805
 Listing Date 12/26/2023
 Sold Price $741,638
 Close Date 02/09/2024 12:00 AM

MLS Public Remarks  5-unit rental just off E. Johnson St. and N. Livingston St., this property offers a prime location for both tenants and investors. The property features a private driveway with access to 5 parking stalls in the back, ensuring convenient parking for residents. Each unit has its own unique layout, with Apt#1 and Apt#3 offering studios with one bath, Apt#2 and Apt#4 featuring one bedroom with one bath, and Apt#5 with two bedrooms and one bath. The shared laundry facilities in the basement add to the convenience and desirability of this property. With a newer roof, newer water heater, beautiful hardwood floors, and some updates already in place, this property is a solid investment opportunity. Walking distance to Festival Foods and many local restaurants. Room to increase rents.
Documents and Related Links  
1) 1. Brochure
2) 1. Rent Roll
3) 1. Suggested Rents for 2024-2025
4) 2022 General Expenses
5) Assessors
6) Assessors Aerial Lot
7) RECR & Adddn S
8) Broker Disclsure of Adv. Facts
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  E. Johnson St. Near Livingston St. Intersection
    • BUILDING INFO  
  • Number of Units  5
  • Year Built  1906
  • # Furnaces  1
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  1
  • # Water Softeners  1
  • # Stoves  5
  • # Refrigerators  5
  • # Dish Washers  2
  • # Washers  1
  • # Dryers  1
  • # Units w/AC  0
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  2
  • Number of 1 Bedrooms  2
  • Number of 2 Bedrooms  1
  • Number of 3+ Bedrooms  0
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  East
  • Middle  OKeeffe
  • Elementary  Lapham/Marquette
  • Land Assessment  $80,000
  • Improvements  $515,000
  • Total Assessment  $595,000
  • Net Taxes  $11,462
  • Assessment Year  2023
  • Tax Year  2022
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  NMX, WP-24
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.1
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Eat-in kitchen, Family/Rec. room, Range/oven, Refrigerator
  • Unit 2  Dishwasher, Eat-in kitchen, Family/Rec. room, Range/oven, Refrigerator
  • Unit 3  Eat-in kitchen, Family/Rec. room, Range/oven, Refrigerator
  • Unit 4  Dishwasher, Eat-in kitchen, Family/Rec. room, Range/oven, Refrigerator
    • Landlord Pays
    Unit Bedrooms Full Baths Half Baths Lease Expiration Date Month Rent Fin Sq.Ft Parking Elec Heat W/S
    1 0 1 0 4/30/2024 $870 285 1 Space Yes Yes Yes
    2 1 1 0 6/30/2024 $955 569 1 Space No Yes Yes
    3 0 1 0 5/31/2024 $945 360 1 Space Yes Yes Yes
    4 1 1 0 5/31/2024 $1020 589 1 Space No Yes Yes
    Items Included 5 stoves, 5 fridges, 1 furnace, 1 water heater, 2 dish washers,
    Items Excluded  tenants personal property
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full
    • EXTERIOR FEATURES  
  • Type   3 story, Apartment building
  • Parking per Unit  Outside
  • Barrier-free Features  
  • Exterior  Other
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  
  • Legal Documents  Lease(s) on file
  • Miscellaneous  Close to bus line



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Madison Property Management, Inc.