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1002-1004 Severson Dr,  Madison,  WI  53718 $499,000 Sold
1002-1004 Severson Dr,  Madison,  WI  53718
$499,000
Sold
More Photos
 Property Type Multi Family
 Parcel # 0710-114-1701-3
 County Dane
 Sub Area E12
 Municipality Madison
 MLS# 1858202
 Listing Date 05/19/2019
 Sold Price $470,000
 Close Date 10/30/2019 12:00 AM

MLS Public Remarks  NEW STAINLESS APPLIANCES both units! Amazing side by side two unit with fantastic rental history. Boasting over 2100 sq ft on each unit! Each unit features four large bedrooms, three full baths, huge family room w/fireplaces, awesome master suites w/double vanity's & walk-in closets, premium flooring, new decks, walkout lower level to yard and large 2 car garages. new carpet, wood/laminate flooring, large .51 Acre Lot. Ideal location. Easy rental, units are rarely vacant. Perfect set up for owner occupy. SHOW UNIT 1002 FIRST. IF BUYERS HAVE INTEREST SET UP SECOND SHOWING FOR UNIT 1004 2018 Rental INCOME $47,400.00
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Cottage Grove Road To Severson
    • BUILDING INFO  
  • Number of Units  2
  • Year Built  2005
  • # Furnaces  2
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  2
  • # Stoves  2
  • # Refrigerators  2
  • # Dish Washers  2
  • # Washers  2
  • # Dryers  2
  • # Units w/AC  2
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  0
  • Number of 3+ Bedrooms  2
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  3200
  • Net Operating Inc  44200
  • Year  2017
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  Lafollette
  • Middle  Sennett
  • Elementary  Elvehjem
  • Land Assessment  $92,400
  • Improvements  $287,600
  • Total Assessment  $380,000
  • Net Taxes  $8,583
  • Assessment Year  2018
  • Tax Year  2018
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  R3
  • Subdivision  Maywick
  • Name of Lake/River  
  • Est. Total Acres  0.51
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Family/Rec. room, Fireplace, Individual heat control, Master bedroom bath, Range/oven, Refrigerator
  • Unit 2  Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Family/Rec. room, Fireplace, Individual heat control, Master bedroom bath, Range/oven, Refrigerator
  • Unit 3  
  • Unit 4  
    • Landlord Pays
    Unit Bedrooms Full Baths Half Baths Lease Expiration Date Month Rent Fin Sq.Ft Parking Elec Heat W/S
    1 4 3 0 Vacant $1950 2,160 2 Car Garage No No No
    2 4 3 0 01/31/2020 $2000 2,160 2 Car Garage No No No
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Full Size Windows/Exposed, Partially finished
    • EXTERIOR FEATURES  
  • Type   Duplex
  • Parking per Unit  2 Car garage, Attached, Opener inc
  • Barrier-free Features  
  • Exterior  Brick, Stone, Vinyl
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  
  • Legal Documents  
  • Miscellaneous  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Inventure Realty Group, Inc