MLS Public Remarks Showings start 4/5 Fantastic 4-unit. Great rental history. Located in a highly sought after area near Wingra Creek Bike Path, ZOO, and St Marys. Renovations complete, rents have been increased for 2018 and there is still meat on the bones for the future buyer to increase further in 2019. All mechanicals are updated. Low maintenance costs. Parking for all 4 units-large 2 car garage and 2 surface stalls. Opportunity abounds on the Fish Hatch/Park St revitalization corridor and strong recent area rent increases. Perfect for owner occupied, buy/hold, and long term development.
Location City
Other Marketing Area
Mailing City Madison
C/T/V City
Unit #
Directions Fish Hatchery To West On High Street. On Corner Of Fish Hatchery/High St.
Number of Units 4
Year Built 1958
# Furnaces 1
Heating Type ForcAir
Heating Fuel Nat Gas
# Water Heaters 1
# Water Softeners 1
# Stoves 4
# Refrigerators 4
# Dish Washers 3
# Washers 1
# Dryers 1
# Units w/AC 2
Number of Efficiencies 0
Number of 1 Bedrooms 4
Number of 2 Bedrooms 0
Number of 3+ Bedrooms 0
Total Income 0
Total Expenses 13351
Net Operating Inc 20146
Year 2017
School District Madison
High School West
Middle Hamilton
Elementary Franklin/Randall
Land Assessment $106,100
Improvements $222,300
Total Assessment $328,400
Net Taxes $7,582
Assessment Year 2017
Tax Year 2017
Owner
Zoning TR-V1
Subdivision None
Name of Lake/River
Est. Total Acres 0.18
Source for Est. Total Acres PubR
Unit 1 Air conditioning, Dishwasher, Eat-in kitchen, Family/Rec. room, Range/oven, Refrigerator, Separate Storage Unit Inc, Wood or sim. wood floor
Unit 2 Air conditioning, Dishwasher, Eat-in kitchen, Family/Rec. room, Range/oven, Refrigerator, Wood or sim. wood floor
Unit 3 Eat-in kitchen, Family/Rec. room, Range/oven, Refrigerator, Wood or sim. wood floor
Unit 4 Dishwasher, Eat-in kitchen, Family/Rec. room, Range/oven, Refrigerator, Wood or sim. wood floor
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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 |
1 |
1 |
0 |
5/31/2019 |
$900 |
634 |
1 Car Garage |
Yes |
Yes |
Yes |
| 2 |
1 |
1 |
0 |
- |
$0 |
408 |
1 Car Garage |
Yes |
Yes |
Yes |
| 3 |
1 |
1 |
0 |
1/1/2019 |
$900 |
560 |
1 Space |
No |
Yes |
Yes |
| 4 |
1 |
1 |
0 |
08/15/2018 |
$900 |
560 |
1 Space |
No |
Yes |
Yes |
Items Included Per Offer to Purchase but building will include all applliances, a/c units, water softener, washer/dryer
Items Excluded Tenants personal property
Energy Efficient/Green Features Energy Star Appliance(s)
Water/Waste Municipal sewer, Municipal water
Basement Full, Partially finished, Poured Concrete Foundation
Type 2 story
Parking per Unit 2 Car garage, 2 spaces, Detached, Opener inc, Outside
Barrier-free Features First floor bedroom, First floor full bath, Level drive, Level lot
Exterior Brick, Vinyl
Waterfront
Terms
Utilities Sep elec meters each unit
Legal Documents Condition report on file, Income/Exp Report Avail, Lease(s) on file
Miscellaneous Close to bus line, Hi-Speed Internet Avail, Shared laundry, Water Softener Owned
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of The Mcgrady Group, Llc
