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 Property Type Multi Family
 Parcel # 0610-032-7152-2
 County Dane
 Sub Area D29
 Municipality McFarland
 MLS# 1891344
 Listing Date 08/18/2020
 Sold Price $925,000
 Close Date 02/26/2021 12:00 AM

MLS Public Remarks  This 8-unit apartment building was built in 1972, on a corner lot across the street from McFarland High School. The property is located 2 blocks from US Hwy 51, and 3 miles from the West Beltline Highway. All 8 units are 810 square feet, 2 beds, 1 bath and have access to storage lockers in the basement. The property has on-site coin laundry, and 20 off street parking spaces. The building has boiler heating, and in-unit window A/C units. Tenants pay electric, and heat reimbursement. Landlord pays water/sewer, waste removal, gas, and hot water.
LOCATION  
  • Location  Village
  • Other Marketing Area  
  • Mailing City  McFarland
  • C/T/V  Village
  • Unit #  
  • Directions  From Us Hwy 51, Turn East Onto Burma Road. The Property Is Located At The End Of The Road Where It Bends. Across From Mcfarland Hs
  • BUILDING INFO  
  • Number of Units  8
  • Year Built  1969
  • # Furnaces  1
  • Heating Type  Rad Elec
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  1
  • # Stoves  8
  • # Refrigerators  8
  • # Dish Washers  8
  • # Washers  0
  • # Dryers  0
  • # 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  29936
  • Net Operating Inc  51191
  • Year  2020
  • ASSESSMENT/SCHOOLS   
  • School District  McFarland
  • High School  Mcfarland
  • Middle  Indian Mound
  • Elementary  Elvehjem
  • Land Assessment  $74,800
  • Improvements  $550,100
  • Total Assessment  $624,900
  • Net Taxes  $12,455
  • Assessment Year  2019
  • Tax Year  2019
  • Owner  
  • LOT DESCRIPTION  
  • Zoning  Commercial
  • Subdivision  Teal Inc Mcfarland Plat
  • Name of Lake/River  
  • Est. Total Acres  0.45
  • Source for Est. Total Acres  PubR
  • UNIT INFORMATION  
  • Unit 1  Air conditioning, Balcony/patio, Dining room, Dishwasher, Family/Rec. room, Individual heat control, Pantry, Range/oven, Refrigerator, Separate Storage Unit Inc
  • Unit 2  
  • 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 04/08/2021 $899 810 2 Space No No Yes
    2 2 1 0 0 $0 0 2 Space No No Yes
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included 8 dishwashers, 8 stoves, 8 refrigerators, 8 window a/c units
    Items Excluded  Seller/tenant personal property & Laundry machines (2 washer & 2 dryers) are leased through a 3rd party lessor
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Poured Concrete Foundation
  • EXTERIOR FEATURES  
  • Type   2 story, Apartment building
  • Parking per Unit  2 spaces, Outside
  • Barrier-free Features  
  • Exterior  Brick, Vinyl
  • Waterfront  
  • Terms  
  • OTHER FEATURES  
  • Utilities  Sep elec meters each unit
  • Legal Documents  Income/Exp Report Avail, Lease(s) on file
  • Miscellaneous  Shared laundry, Water Softener Owned



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Design Realty Llc