MLS Public Remarks A great opportunity for investors! Stable rental history (3 tenants have been there for 8, 9 & 12 years!), tenants pay all utilities including water & sewer. Each unit has a washer & dryer, dishwasher, water softener and central air conditioning for added desirability. Each unit has a private patio & green space in back for the tenants enjoyment. Close to Aldo Leopold Park, Leopold Elementary, Nine Springs Golf & Disc Golf Course, bus line & Beltline as well as retail & restaurants. limited parking in front of the garages. Unit #4 has 2 more parking spaces along the garage & zero entry at the front door. New furnace being installed in #2. UHP Ultimate Warranty incl.
Location City
Other Marketing Area
Mailing City Madison
C/T/V City
Unit #
Directions Fish Hatchery Rd To Post To Turbot To Sunfish
Number of Units 4
Year Built 1993
# Furnaces 4
Heating Type ForcAir
Heating Fuel Nat Gas
# Water Heaters 4
# Water Softeners 4
# Stoves 4
# Refrigerators 4
# Dish Washers 4
# Washers 4
# Dryers 4
# Units w/AC 4
Number of Efficiencies 0
Number of 1 Bedrooms 0
Number of 2 Bedrooms 4
Number of 3+ Bedrooms 0
Total Income 0
Total Expenses 16931
Net Operating Inc 30709
Year 2023
School District Madison
High School West
Middle Cherokee
Elementary Leopold
Land Assessment $95,000
Improvements $390,000
Total Assessment $485,000
Net Taxes $8,634
Assessment Year 2023
Tax Year 2023
Owner
Zoning SR-V1
Subdivision Bowman Heights
Name of Lake/River
Est. Total Acres 0.25
Source for Est. Total Acres PubR
Unit 1 Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Family/Rec. room, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Washer/dryer
Unit 2 Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Family/Rec. room, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Washer/dryer
Unit 3 Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Family/Rec. room, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Washer/dryer
Unit 4 Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Family/Rec. room, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Washer/dryer
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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 |
1 |
7/31/2024 |
$1100 |
900 |
1 Car Garage |
No |
No |
No |
| 2 |
2 |
1 |
1 |
6/30/2024 |
$950 |
900 |
1 Car Garage |
No |
No |
No |
| 3 |
2 |
1 |
1 |
6/30/2024 |
$950 |
900 |
1 Car Garage |
No |
No |
No |
| 4 |
2 |
1 |
1 |
7/31/2024 |
$970 |
900 |
1 Car Garage |
No |
No |
No |
Items Included 4 of each of the following: Furnaces, A/C's, Water Heaters, Water Softeners, Disposals, Stove/Ovens, Dishwashers, Microwaves, Refrigerators, Washer/Dryers
Items Excluded Sellers & tenants personal possessions
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement None, Poured Concrete Foundation
Type 2 story, Apartment building, Townhouse style units
Parking per Unit 1 Car garage, 1 space, Attached, Opener inc
Barrier-free Features Level drive, Level lot, Low pile or no carpeting
Exterior Vinyl
Waterfront
Terms
Utilities Sep elec meters each unit, Sep gas meters each unit, Separate water meters
Legal Documents Lease(s) on file, Limitd Home/Bldr Warranty
Miscellaneous Close to bus line, Internet - Cable, Water Softener Owned
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Restaino & Associates Era Powered
