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1318-1328 Williamson St,  Madison,  WI  53703 $1,100,000 Expired
1318-1328 Williamson St,  Madison,  WI  53703
$1,100,000
Expired
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 Property Type Multi Family
 Parcel # 0710-072-2522-2
 County Dane
 Sub Area E01
 Municipality Madison
 MLS# 1857157
 Listing Date 05/13/2019

MLS Public Remarks  Great redevelopment opportunity on popular Willy St on the isthmus. 2 Parcels 1318-24 & 1328 Willy (071007225222 & 071007225230). Combined square feet, 13,068 & 99' frontage. Madison land use plan calls for Neighborhood Mixed Use. Feasibility analysis for development commissioned by seller and on file. Selling as-is. Buyer responsible for entitlement and approvals for re-development. Rent roll as of 2/1/21 1318 (unit 1) rented ($1500) 1324 (unit 2) rented under market ($650). Tenant does on-site work for reduction in rent. 1324#2 (unit 3) rented ($1200) 1328 (unit 4) unrented - (projected $1600)
Documents and Related Links  
* 6 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  East On Williamson St
    • BUILDING INFO  
  • Number of Units  4
  • Year Built  1894
  • # Furnaces  4
  • Heating Type  1 Other
  • Heating Fuel  Nat Gas
  • # Water Heaters  5
  • # Water Softeners  0
  • # Stoves  4
  • # Refrigerators  4
  • # Dish Washers  1
  • # Washers  2
  • # Dryers  2
  • # 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  2
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  0
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  East
  • Middle  OKeeffe
  • Elementary  Lapham/Marquette
  • Land Assessment  $358,500
  • Improvements  $158,200
  • Total Assessment  $516,700
  • Net Taxes  $11,152
  • Assessment Year  2019
  • Tax Year  2018
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  HIS-TL, TS
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.3
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Range/oven, Refrigerator, Washer/dryer, Wood or sim. wood floor
  • Unit 2  Range/oven, Refrigerator, Washer/dryer, Wood or sim. wood floor
  • Unit 3  Range/oven, Refrigerator, Washer/dryer, Wood or sim. wood floor
  • Unit 4  Range/oven, Refrigerator, Washer/dryer, Wood or sim. wood floor
    • Landlord Pays
    Unit Bedrooms Full Baths Half Baths Lease Expiration Date Month Rent Fin Sq.Ft Parking Elec Heat W/S
    1 3 2 0 0 $0 1,500 2 Space No No Yes
    2 2 1 0 - $0 1,300 2 Space - - -
    3 2 1 0 - $0 1,300 2 Space - - -
    4 3 1 0 - $0 1,500 2 Space - - -
    Items Included 4 refrigerators, 4 stoves/ovens, 2 washers, 2 dryers, dishwasher
    Items Excluded  tenants' personal property, seller's personal property
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Other Foundation, Partial
    • EXTERIOR FEATURES  
  • Type   2 story, Apartment building
  • Parking per Unit  2 Car garage, Outside
  • Barrier-free Features  
  • Exterior  Wood
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  Condition report on file, Lease(s) on file
  • Miscellaneous  Close to bus line, Shared laundry



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of T R Mckenzie Inc.