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 Property Type Multi Family
 Parcel # 0809-264-0601-1
 County Dane
 Sub Area E03
 Municipality Madison
 MLS# 1888989
 Listing Date 07/21/2020
 Sold Price $340,000
 Close Date 09/25/2020 12:00 AM

MLS Public Remarks  Rare opportunity to own a 3 unit income property with updates under 300k. Each unit has 2 bedrooms, wood flooring, great natural light as well as separate basements which are ready to be finished to increase value and rental income! Updates include brand new exterior paint, recently sealed driveway, new vinyl windows throughout, newer furnaces, electrical (utilities are individually metered!), washer and dryer hookups in each unit as well as 1 garage stall per unit! There is additional off street parking, great garden space and lawn to enjoy! This established income property nets over 30k annually. Fully rented, one unit is month to month which provides the opportunity to owner-occupy if buyer desires!
Documents and Related Links  
1) Addendum S
2) Real Estate Condition Report
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Heading Northeast On 113 Turn Left On Troy Dr (property Is On The Left Just Beyond The Bridge)
  • BUILDING INFO  
  • Number of Units  3
  • Year Built  1965
  • # Furnaces  3
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  3
  • # Water Softeners  0
  • # Stoves  3
  • # Refrigerators  3
  • # Dish Washers  0
  • # Washers  1
  • # Dryers  1
  • # Units w/AC  0
  • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  3
  • 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  East
  • Middle  Black Hawk
  • Elementary  Mendota
  • Land Assessment  $46,600
  • Improvements  $211,000
  • Total Assessment  $258,300
  • Net Taxes  $5,747
  • Assessment Year  2020
  • Tax Year  2019
  • Owner  
  • LOT DESCRIPTION  
  • Zoning  SR-V1
  • Subdivision  Fairfield Manor
  • Name of Lake/River  
  • Est. Total Acres  0.32
  • Source for Est. Total Acres  PubR
  • UNIT INFORMATION  
  • Unit 1  In-unit laundry, Individual heat control, Range/oven, Refrigerator, Washer/dryer, Wood or sim. wood floor
  • Unit 2  In-unit laundry, Individual heat control, Range/oven, Refrigerator, Wood or sim. wood floor
  • Unit 3  In-unit laundry, Individual heat control, Range/oven, Refrigerator, Wood or sim. wood floor
  • 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 6/30/21 $870 816 1 Car Garage No No No
    2 2 1 0 7/31/21 $895 816 1 Car Garage No No No
    3 2 1 0 Mo-To-Mo $825 816 1 Car Garage No No No
    4 0 0 0 - $0 0 - - - -
    Items Included Refrigerator (3), range/oven (3), washer (1), dryer (1), storage shed, lawn mower, snow blower
    Items Excluded  Seller and tenant's personal possessions
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Poured Concrete Foundation
  • EXTERIOR FEATURES  
  • Type   1 story, Duplex
  • Parking per Unit  1 Car garage, 1 space, Detached, Opener inc, Outside
  • Barrier-free Features  
  • Exterior  Pressed board, 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



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of First Weber Inc