Contact Bunbury at 1-877-233-7356 or
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 Property Type Multi Family
 Parcel # 081033403081
 County Dane
 Sub Area E08
 Municipality Madison
 MLS# 1857603
 Listing Date 05/16/2019
 Sold Price $1,466,000
 Close Date 07/19/2019 12:00 AM

MLS Public Remarks  16 unit apartment on Madison's east side for sale. There are 2 buildings with 8 two bedroom & 1 bathroom apartments in each building. Both are fully leased with an annual gross income of $163,630 with tenants paying heat & electric. Onsite parking, shared laundry and only 5 minutes from East Towne Mall.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Take N. Stoughton Rd To Commercial Ave, Continue On Commercial Ave. Left On Nakoosa Trail, Right On Brandie Rd.
  • BUILDING INFO  
  • Number of Units  16
  • Year Built  1973
  • # Furnaces  16
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  18
  • # Water Softeners  4
  • # Stoves  16
  • # Refrigerators  16
  • # Dish Washers  7
  • # Washers  4
  • # Dryers  4
  • # Units w/AC  16
  • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  16
  • Number of 3+ Bedrooms  0
  • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  2019
  • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  Lafollette
  • Middle  Whitehorse
  • Elementary  Schenk
  • Land Assessment  $118,000
  • Improvements  $892,000
  • Total Assessment  $1,010,000
  • Net Taxes  $21,284
  • Assessment Year  2019
  • Tax Year  2019
  • Owner  
  • LOT DESCRIPTION  
  • Zoning  SR-V1
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.81
  • Source for Est. Total Acres  PubR
  • UNIT INFORMATION  
  • Unit 1  Air conditioning, Balcony/patio, Dining room, Range/oven, Refrigerator, Separate Storage Unit Inc, Washer/dryer
  • Unit 2  Air conditioning, Balcony/patio, Dining room, Dishwasher, Range/oven, Refrigerator, Separate Storage Unit Inc, Washer/dryer
  • Unit 3  Air conditioning, Balcony/patio, Dining room, Dishwasher, Range/oven, Refrigerator, Separate Storage Unit Inc, Washer/dryer
  • Unit 4  Air conditioning, Balcony/patio, Dining room, Dishwasher, Range/oven, Refrigerator, Separate Storage Unit Inc
  • 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 10/31/2019 $810 900 1 Space No No Yes
    2 2 1 0 8/31/2020 $800 900 1 Space No No Yes
    3 2 1 0 7/31/2020 $770 900 1 Space No No Yes
    4 2 1 0 10/31/2019 $830 900 1 Space No No Yes
    Items Included 16 ranges,16 Refrigerators,4wash/4 dryers, 16 A/C units, 16 Furnaces, 18 water heaters, 4 water softeners, 7dishwashers, & all other property own
    Items Excluded  Personal property owned by tenant(s)
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full
  • EXTERIOR FEATURES  
  • Type   Apartment building
  • Parking per Unit  1 space
  • Barrier-free Features  
  • Exterior  Brick, Vinyl
  • Waterfront  
  • Terms  
  • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  
  • Miscellaneous  Close to bus line, Shared laundry, Water Softener Owned



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Madison Property Management, Inc.