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3722 W Karstens Dr,  Madison,  WI  53704 $750,000 Expired
3722 W Karstens Dr,  Madison,  WI  53704
$750,000
Expired
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 Property Type Multi Family
 Parcel # 0809-264-0614-4
 County Dane
 Sub Area E03
 Municipality Madison
 MLS# 1879730
 Listing Date 03/19/2020

MLS Public Remarks  INVESTMENT OPPORTUNITY - NEAR WARNER PARK. TENANTS HAVE BOTH HALL AND BASEMENT STORAGE AREAS. Solid 8 unit apartment building on Madison's Northside. Each unit has 2 BR, 1 Bath, with 1 outdoor parking space. Well cared for
Documents and Related Links  
1) Addendum S
2) Real Estate Condition Report
3) Information
* 1 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Northport Dr (113) To Troy Rd To Karstens Dr
    • BUILDING INFO  
  • Number of Units  8
  • Year Built  1971
  • # Furnaces  2
  • Heating Type  Rad Elec
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  0
  • # Stoves  8
  • # Refrigerators  8
  • # Dish Washers  0
  • # Washers  2
  • # Dryers  2
  • # Units w/AC  8
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  8
  • Number of 3+ Bedrooms  0
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  20832
  • Net Operating Inc  61968
  • Year  2019
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  Call School District
  • Middle  Call School District
  • Elementary  Call School District
  • Land Assessment  $52,000
  • Improvements  $438,000
  • Total Assessment  $490,000
  • Net Taxes  $10,974
  • Assessment Year  2019
  • Tax Year  2019
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  SR-V1
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.38
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Air conditioning, Eat-in kitchen, Family/Rec. room, Range/oven, Refrigerator, Separate Storage Unit Inc
  • Unit 2  Air conditioning, Eat-in kitchen, Family/Rec. room, Range/oven, Refrigerator, Separate Storage Unit Inc
  • Unit 3  Air conditioning, Eat-in kitchen, Family/Rec. room, Range/oven, Refrigerator, Separate Storage Unit Inc
  • Unit 4  Air conditioning, Eat-in kitchen, Family/Rec. room, 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 On File $895 850 1 Space No Yes Yes
    2 2 1 0 On File $875 850 1 Space No Yes Yes
    3 2 1 0 On File $850 850 1 Space No Yes Yes
    4 2 1 0 On File $850 850 1 Space No Yes Yes
    Items Included 8 stoves/ovens, 8 refrigerators, 8 dishwasher, 8 window AC units, 1 washer, 1 dryer
    Items Excluded  Seller's and tenants personal property
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Poured Concrete Foundation
    • EXTERIOR FEATURES  
  • Type   Apartment building
  • Parking per Unit  1 space, Outside
  • Barrier-free Features  
  • Exterior  Brick, Stone
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  
  • Legal Documents  Lease(s) on file
  • Miscellaneous  Shared laundry



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of First Weber Inc