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1915 University Ave,  Madison,  WI  53726 $550,000 Expired
1915 University Ave,  Madison,  WI  53726
$550,000
Expired
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 Property Type Multi Family
 Parcel # 0709-222-0803-2
 County Dane
 Sub Area W14
 Municipality Madison
 MLS# 1864160
 Listing Date 07/22/2019

MLS Public Remarks  No showings due to Covid-19. Fully rented for 2019-2020 school year. Fantastic investment opportunity w/ updates in the Historic University Heights Neighborhood. Incredibly appealing location for tenants - walking distance to Camp Randall, Babcock Hall, Engineering and Vet School, UW Hospital w/ easy access to UW Campus and Hilldale Mall. The Old University Corridor is full of restaurants, coffee shops, fitness studios and more! This 7 bedroom home has had a solid rental history and features 2 units - each with their own laundry, screened-in porches and off-street parking. Unit 1 has 2 bedrooms. Unit 2 has 5 bedrooms. Shared driveway with 3 off-street parking spaces.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  West On University Avenue From Breeze Terrace
    • BUILDING INFO  
  • Number of Units  2
  • Year Built  1899
  • # Furnaces  1
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  1
  • # Stoves  2
  • # Refrigerators  2
  • # Dish Washers  2
  • # 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  1
  • Number of 3+ Bedrooms  1
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  2018
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  West
  • Middle  Hamilton
  • Elementary  Franklin/Randall
  • Land Assessment  $123,200
  • Improvements  $378,200
  • Total Assessment  $501,400
  • Net Taxes  $10,675
  • Assessment Year  2019
  • Tax Year  2018
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  TR-UH
  • Subdivision  University Heights
  • Name of Lake/River  
  • Est. Total Acres  0.15
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Balcony/patio, Dishwasher, Eat-in kitchen, Family/Rec. room, Range/oven, Refrigerator, Washer/dryer
  • Unit 2  Balcony/patio, Dishwasher, Eat-in kitchen, Family/Rec. room, Range/oven, Refrigerator, Washer/dryer
  • 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 2 1 0 8/14/2020 $1100 1,000 1 Space No No No
    2 5 1 0 8/14/2020 $2800 1,775 2 Space No No No
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included (2) range/oven, (2) refrigerators, (2) washers, (2) dryers, (2) dishwashers, (1) water softener, blinds.
    Items Excluded  Tenant's personal items.
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full
    • EXTERIOR FEATURES  
  • Type   2 flat, 2 story
  • Parking per Unit  Outside
  • Barrier-free Features  
  • Exterior  Aluminum/Steel, Vinyl
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  
  • Legal Documents  Income/Exp Report Avail, Joint driveway agreement
  • Miscellaneous  Close to bus line



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Realty Executives Cooper Spransy