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117 N Butler St,  Madison,  WI  53703 $459,000 Sold
117 N Butler St,  Madison,  WI  53703
$459,000
Sold
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 Property Type Multi Family
 Parcel # 0709-133-2311-2
 County Dane
 Sub Area E01
 Municipality Madison
 MLS# 1848533
 Listing Date 01/16/2019
 Sold Price $420,000
 Close Date 07/15/2019 12:00 AM

MLS Public Remarks  Nice 2 flat close to the capital. 2 bedroom, 1 bath unit on main level. 4 bed, 2 bath unit is on 2nd and 3rd floor. 4 bedroom is leased through 8/14/20 with rent increasing to $1725 on 8/16/19. Shared drive with 4 rented spots in rear at $90/mo each. Total income stated above is gross potential at current rent rates and does not include any income from laundry or future rent increase. Laundry is leased. All sq ft per assessor - verify if important. Tenant occupied. 24 hour notice for showings.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  North Butler Street Between E. Johnson St. And E. Mifflin St.
    • BUILDING INFO  
  • Number of Units  2
  • Year Built  1894
  • # Furnaces  1
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  1
  • # Water Softeners  1
  • # Stoves  2
  • # Refrigerators  2
  • # Dish Washers  1
  • # 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  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  East
  • Middle  OKeeffe
  • Elementary  Lapham/Marquette
  • Land Assessment  $120,500
  • Improvements  $276,100
  • Total Assessment  $396,600
  • Net Taxes  $8,853
  • Assessment Year  2018
  • Tax Year  2018
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  DR1
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.08
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Eat-in kitchen, Range/oven, Refrigerator
  • Unit 2  Dining room, Dishwasher, Range/oven, Refrigerator, Vaulted ceiling(s)
  • 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 08/14/2019 $1150 901 2 Space Yes Yes Yes
    2 4 2 0 08/14/2020 $1675 1,278 2 Space Yes Yes Yes
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included 2 fridges, 2 stoves, 1 dishwasher
    Items Excluded  Tenants' possessions. Also the 2 washers and 2 dryers are leased.
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Other Foundation
    • EXTERIOR FEATURES  
  • Type   2 flat, 3 story
  • Parking per Unit  2 spaces, Outside
  • Barrier-free Features  
  • Exterior  Other
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  
  • Legal Documents  Condition report on file, Lease(s) on file
  • Miscellaneous  Close to bus line, Shared laundry, Water Softener Owned



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of The Korotev Group Inc