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2809 Victoria Ln,  Madison,  WI  53704 $399,900 Sold
2809 Victoria Ln,  Madison,  WI  53704
$399,900
Sold
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 Property Type Multi Family
 Parcel # 0810-272-0215-0
 County Dane
 Sub Area E07
 Municipality Madison
 MLS# 1888457
 Listing Date 07/15/2020
 Sold Price $378,000
 Close Date 09/14/2020 12:00 AM

MLS Public Remarks  Great investment property with strong rental income located in a convenient East Towne neighborhood with single family homes. 8.4 cap rate. Many updates (see update sheet in doc's). Long term tenants are currently mo-mo but both tenants willing to sign yearly lease. In 2014, 2811 lower level was remodeled & has egress 4th BR, full kitchen & LR along with separate entrance for added income. Huge deck and large storage building. Room measurements are approx, verify if important.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  East Washington Ave To Columbus La To Right On Independence La To Right On Armistice La To Left On Victoria La To Property
    • BUILDING INFO  
  • Number of Units  2
  • Year Built  1972
  • # Furnaces  2
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  2
  • # Stoves  3
  • # Refrigerators  3
  • # 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  8160
  • Net Operating Inc  33840
  • Year  2019
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  East
  • Middle  Sherman
  • Elementary  Sandburg
  • Land Assessment  $61,300
  • Improvements  $277,900
  • Total Assessment  $339,200
  • Net Taxes  $6,921
  • Assessment Year  2020
  • Tax Year  2019
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  SR-C3
  • Subdivision  Sanford Holiday Bluff
  • Name of Lake/River  
  • Est. Total Acres  0.21
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Air conditioning, Dining room, Dishwasher, Eat-in kitchen, Fireplace, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc, Washer/dryer, Wood or sim. wood floor
  • Unit 2  Air conditioning, Dining room, Dishwasher, Eat-in kitchen, Family/Rec. room, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc, Washer/dryer, Wood or sim. wood floor
  • 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 3 1 1 Mo-mo $1650 1,740 1 Car Garage No No No
    2 4 1 1 Mo-mo $1850 2,412 1 Car Garage No No No
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included 3 refrigerators, 3 range/oven, 2 microwaves, 2 dishwashers, 3 disposals, 1 water softener for 2809 Victoria, 2 washers/2 dryers
    Items Excluded  Tenants & Sellers personal property. 2811 Victoria water softener is rented
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Full Size Windows/Exposed, Partially finished, Poured Concrete Foundation, Walkout
    • EXTERIOR FEATURES  
  • Type   Duplex
  • Parking per Unit  1 Car garage, Attached, Opener inc
  • Barrier-free Features  
  • Exterior  Vinyl
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit, Separate water meters
  • Legal Documents  Condition report on file, Income/Exp Report Avail, Lease(s) on file
  • Miscellaneous  Close to bus line, Fenced yard, Water Softener Owned, Water Softener Rented



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Slinde Realty Company