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!
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)
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
Number of Efficiencies 0
Number of 1 Bedrooms 0
Number of 2 Bedrooms 3
Number of 3+ Bedrooms 0
Total Income 0
Total Expenses 0
Net Operating Inc 0
Year 2019
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
Zoning SR-V1
Subdivision Fairfield Manor
Name of Lake/River
Est. Total Acres 0.32
Source for Est. Total Acres PubR
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
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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
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full, Poured Concrete Foundation
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
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