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1328 Mound St,  Madison,  WI  53715 $485,000 Sold
1328 Mound St,  Madison,  WI  53715
$485,000
Sold
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 Property Type Multi Family
 Parcel # 0709-224-1809-5
 County Dane
 Sub Area W14
 Municipality Madison
 MLS# 1842971
 Listing Date 10/04/2018
 Sold Price $450,000
 Close Date 01/25/2019 12:00 AM

MLS Public Remarks  Don't hesitate. Great income property close to UW-Madison. See attached for basic income/expense details. Close to bus lines, walking distance to campus, easy commutes out of town. Two-unit flat, landlord currently rents it out as a 7-bedroom property. Leased through 8/2019. Each unit is separately metered. Landlord pays water/sewer. Tenants pay heat & electric. Off street parking in driveway; could add additional in backyard. Deep lot. Landlord has certified survey map of property. Separate entrances, two decks, newer mechanical systems.
Documents and Related Links  
1) RECR
2) LBP
3) Brochure-Income & Expense
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  From Park St, West On Regent, South On Randall, East On Mound. Two-Flat Is On The North Side
    • BUILDING INFO  
  • Number of Units  2
  • Year Built  1914
  • # Furnaces  2
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  1
  • # 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  1
  • Number of 3+ Bedrooms  1
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  2018
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  West
  • Middle  Hamilton
  • Elementary  Franklin/Randall
  • Land Assessment  $87,200
  • Improvements  $265,900
  • Total Assessment  $353,100
  • Net Taxes  $7,828
  • Assessment Year  2018
  • Tax Year  2017
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  TR-C4
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.09
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Air conditioning, Balcony/patio, Eat-in kitchen, Range/oven, Refrigerator
  • Unit 2  Air conditioning, Balcony/patio, Range/oven, Refrigerator
  • 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 2 1 0 08-14-19 $972 832 2 Space No No Yes
    2 5 1 0 08-14-19 $2428 1,400 2 Space No No Yes
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included Kitchen appliances, laundry machine and dryer, water softener
    Items Excluded  Personal property of tenants and landlord
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full
    • EXTERIOR FEATURES  
  • Type   2 flat, 2 story
  • Parking per Unit  Outside
  • Barrier-free Features  
  • Exterior  Aluminum/Steel, Vinyl
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  Condition report on file
  • Miscellaneous  Close to bus line, Shared laundry, Water Softener Owned



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Inventure Realty Group, Inc