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214 N Breese Terr,  Madison,  WI  53726 $575,000 Sold
214 N Breese Terr,  Madison,  WI  53726
$575,000
Sold
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 Property Type Business/Commercial
 Parcel # 0709-222-1113-4
 County Dane
 Sub Area W14
 Municipality Madison
 MLS# 1825700
 Listing Date 03/20/2018
 Sold Price $540,000
 Close Date 07/17/2018 12:00 AM

MLS Public Remarks  Fantastic opportunity to own an income generating property. 9 bedroom rooming house on Breese Terrace across from Camp Randall Stadium. 2 full baths, 4 1/4 baths. Seller has had a very steady rental history. Low maintenance, all brick exterior, hardwood floors, porch, driveway and garage parking. Coin-operated laundry. 24 hour notice required prior to any showing.
Documents and Related Links  
1) RECR
2) Financials
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Regent St To Breese Ter.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $14
  • Total Units/Bldg  1
  • Building Gross SqFt  2,844
  • Net Leasable SqFt  2,844
  • Year Built  1929
  • Source for Year Built  PubR
  • Approx Bldg Dimen  104x60
  • Street Frontage  60
  • Parking Fees/Mo.  $240
  • Onsite Parking  Y
  • # of Stories  1
  • Ceiling Height Min  8
  • Ceiling Height Max  8
  • Number of Loading Docks  0
  • Zoning  HIS-UH
  • Est. Total Acres  0.14
  • Source Of Est Acres  
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $44,000
  • Assessment Year  0
  • Net Taxes  $7,456
  • Tax Year  2017
  • Improvements  $279,000
  • Total Assessment  $0
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,017
  • Gross Operating Income  $39,360
  • Annual Operating Exp  $19,100
  • Net Operating Income  $20,260
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Room House 08/15/2018 0 $3,280 $14 $0 2,844
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included All Furniture, All Appliances, Water Softener, All Window Treatments
    Items Excluded  Sellers' Personal Belongings
    INTERIOR FEATURES  
  • Heating/Cooling  Radiant
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Service
  • Exterior Treatment  
  • Building Parking  1-5 spaces, Onsite, Paved
  • Roofing  Composition
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  
  • Location  Residential area
  • Tenant Pays  No expenses
  • Present Use  Service
  • Licenses  
  • Lease Type  Annual
  • Occupied by  
  • Sale Includes  Lease(s)
  • Features  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Sprinkman Real Estate