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 Property Type Multi Family
 Parcel # 0709-361-9100-1
 County Dane
 Sub Area E16
 Municipality Madison
 MLS# 1851681
 Listing Date 03/11/2019
 Sold Price $959,900
 Close Date 10/18/2019 12:00 AM

MLS Public Remarks  Showings to begin Monday, 3/18/19. Great Income property with many long term tenants. This property includes 2 different parcels. 14 unit building was a former hotel that has different size efficiency apartments. 3 unit building features 1 bedroom units. Property has many recent updates including newer boiler, water softener & fresh sealed parking area. Lots of potential & priced to sell. Seller will not sell separate.
LOCATION  
  • Location  Town
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  Town
  • Unit #  
  • Directions  Rimrock To Coyier Lane
  • BUILDING INFO  
  • Number of Units  17
  • Year Built  999
  • # Furnaces  2
  • Heating Type  1 Other
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  2
  • # Stoves  10
  • # Refrigerators  17
  • # Dish Washers  0
  • # Washers  0
  • # Dryers  0
  • # Units w/AC  20
  • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  14
  • Number of 1 Bedrooms  3
  • Number of 2 Bedrooms  0
  • Number of 3+ Bedrooms  0
  • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  41785
  • Net Operating Inc  96755
  • Year  2016
  • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  Call School District
  • Middle  Call School District
  • Elementary  Call School District
  • Land Assessment  $189,900
  • Improvements  $294,800
  • Total Assessment  $489,700
  • Net Taxes  $13,512
  • Assessment Year  2018
  • Tax Year  2018
  • Owner  
  • LOT DESCRIPTION  
  • Zoning  R-4
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.35
  • Source for Est. Total Acres  PubR
  • UNIT INFORMATION  
  • Unit 1  Air conditioning, Eat-in kitchen, Range/oven, Refrigerator
  • Unit 2  Air conditioning, Eat-in kitchen, Range/oven, Refrigerator
  • Unit 3  Air conditioning, Eat-in kitchen, Range/oven, Refrigerator
  • Unit 4  
  • Landlord Pays
    Unit Bedrooms Full Baths Half Baths Lease Expiration Date Month Rent Fin Sq.Ft Parking Elec Heat W/S
    1 1 1 0 8-2019 $630 550 1 Space Yes Yes Yes
    2 1 1 0 8-2019 $675 550 1 Space Yes Yes Yes
    3 1 1 0 8-2019 $700 550 1 Space Yes Yes Yes
    4 0 0 0 - $0 0 - - - -
    Items Included All appliances including refrigerators, stoves & wall air conditioners
    Items Excluded  Washers & Dryers are rented
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Poured Concrete Foundation
  • EXTERIOR FEATURES  
  • Type   2 story, Apartment building
  • Parking per Unit  Outside
  • Barrier-free Features  
  • Exterior  Brick, Stone
  • Waterfront  
  • Terms  
  • OTHER FEATURES  
  • Utilities  
  • Legal Documents  Condition report on file, Lease(s) on file
  • Miscellaneous  



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of First Weber Inc