Contact Bunbury at 1-877-233-7356 or
[email protected] for more information about this property.

516 E Madison Ave,  Milton,  WI  53563 $119,500 Sold
516 E Madison Ave,  Milton,  WI  53563
$119,500
Sold
More Photos
 Property Type Multi Family
 Parcel # 257119001
 County Rock
 Sub Area P19
 Municipality Milton
 MLS# 1843894
 Listing Date 10/18/2018
 Sold Price $122,500
 Close Date 03/12/2019 12:00 AM

MLS Public Remarks  ATTENTION INVESTORS! Check out this great investment property! A 2-flat duplex has leases in place until Aug of 2019, cash flows well, and has been well taken care of. Large lot to add a garage at a later date if one desires. Great location off of Madison Ave in Milton. Roof and furnaces are approx 14 years old. Lower level furnace has new parts this year. See documents or call for investment numbers. CAP Rate of 8.75.
Documents and Related Links  
1) Investor analysis pg 1
2) Investor Analysis pg 2
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Milton
  • C/T/V  City
  • Unit #  
  • Directions  City Of Miton, Janesville Street To West On Madison Ave.
    • BUILDING INFO  
  • Number of Units  2
  • Year Built  999
  • # Furnaces  2
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  0
  • # Stoves  2
  • # Refrigerators  2
  • # Dish Washers  0
  • # Washers  0
  • # Dryers  0
  • # Units w/AC  0
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  2
  • Number of 3+ Bedrooms  0
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  0
    • ASSESSMENT/SCHOOLS   
  • School District  Milton
  • High School  Milton
  • Middle  Call School District
  • Elementary  Call School District
  • Land Assessment  $35,600
  • Improvements  $52,500
  • Total Assessment  $88,100
  • Net Taxes  $2,359
  • Assessment Year  2017
  • Tax Year  2017
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  R
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.48
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Eat-in kitchen, Individual heat control, Range/oven, Refrigerator
  • Unit 2  Eat-in kitchen, Individual heat control, 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 Aug 2019 $650 1,036 1 Space No No No
    2 2 1 0 Aug 2019 $600 1,036 1 Space No No No
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included Oven/range(x2), Refrigerator(x2)
    Items Excluded  Seller's and Tenant's Personal Property
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Partial
    • EXTERIOR FEATURES  
  • Type   2 flat
  • Parking per Unit  2 spaces, Outside
  • Barrier-free Features  
  • Exterior  Vinyl
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit, Separate water meters
  • Legal Documents  Condition report on file
  • Miscellaneous  Shared laundry



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Keller Williams Realty