MLS Public Remarks ACCEPTED OFFER. Great investment property in a location with the lowest vacancy rate in Greater Madison! This FULLY RENTED 8-unit apartment building is zoned to the Middleton/Cross Plains School District. Easy to rent w/ loyal tenants & potential to increase rents further. Each unit comes w/ additional storage in the basement & one parking stall. Many recent improvements! Ask for a detailed list. See docs for income/expenses, lease dates & more info. All financial information is provided by the owners. Buyer to verify square footage and dimensions if important.
Location Village
Other Marketing Area
Mailing City Cross Plains
C/T/V Village
Unit #
Directions Hwy 14 (university Avenue) West From Middleton. Right On Westview Court Before Monona Bank.
Number of Units 8
Year Built 1975
# Furnaces 1
Heating Type 1 Other
Heating Fuel Nat Gas
# Water Heaters 2
# Water Softeners 1
# Stoves 8
# Refrigerators 8
# Dish Washers 8
# Washers 2
# Dryers 2
# Units w/AC 8
Number of Efficiencies 0
Number of 1 Bedrooms 0
Number of 2 Bedrooms 8
Number of 3+ Bedrooms 0
Total Income 0
Total Expenses 0
Net Operating Inc 0
Year 2018
School District Middleton-Cross Plains
High School Middleton
Middle Glacier Creek
Elementary Park
Land Assessment $145,000
Improvements $335,000
Total Assessment $480,000
Net Taxes $9,284
Assessment Year 2018
Tax Year 2018
Owner
Zoning Multi
Subdivision Westview Estates
Name of Lake/River
Est. Total Acres 0.56
Source for Est. Total Acres PubR
Unit 1 Air conditioning, Balcony/patio, Dining room, Dishwasher, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc, Wood or sim. wood floor
Unit 2 Air conditioning, Balcony/patio, Dining room, Dishwasher, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc, Wood or sim. wood floor
Unit 3 Air conditioning, Balcony/patio, Dining room, Dishwasher, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc, Wood or sim. wood floor
Unit 4 Air conditioning, Balcony/patio, Dining room, Dishwasher, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc, 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 |
2 |
1 |
0 |
3/31/19 |
$750 |
741 |
1 Space |
No |
Yes |
Yes |
2 |
2 |
1 |
0 |
7/31/19 |
$800 |
741 |
1 Space |
No |
Yes |
Yes |
3 |
2 |
1 |
0 |
5/31/19 |
$800 |
741 |
1 Space |
No |
Yes |
Yes |
4 |
2 |
1 |
0 |
7/31/19 |
$750 |
741 |
1 Space |
No |
Yes |
Yes |
Items Included 8 ranges, 8 refrigerators, 8 dishwashers, 8 A/C units, 2 washers, 2 dryers, 1 water softener, 1 boiler, 2 water heaters
Items Excluded Personal Property of Tenants and Seller.
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full
Type 2 story, Apartment building
Parking per Unit 1 space
Barrier-free Features
Exterior Brick, Stone, Wood
Waterfront
Terms
Utilities Sep elec meters each unit
Legal Documents
Miscellaneous Water Softener Owned
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Re/Max Preferred