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 Town
Other Marketing Area
Mailing City Madison
C/T/V Town
Unit #
Directions Rimrock To Coyier Lane
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
Number of Efficiencies 14
Number of 1 Bedrooms 3
Number of 2 Bedrooms 0
Number of 3+ Bedrooms 0
Total Income 0
Total Expenses 41785
Net Operating Inc 96755
Year 2016
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
Zoning R-4
Subdivision
Name of Lake/River
Est. Total Acres 0.35
Source for Est. Total Acres PubR
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
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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 |
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
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full, Poured Concrete Foundation
Type 2 story, Apartment building
Parking per Unit Outside
Barrier-free Features
Exterior Brick, Stone
Waterfront
Terms
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