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101 S Orchard St,  Madison,  WI  53715 $602,000 Expired
101 S Orchard St,  Madison,  WI  53715
$602,000
Expired
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 Property Type Multi Family
 Parcel # 070922416031
 County Dane
 Sub Area W14
 Municipality Madison
 MLS# 1892463
 Listing Date 09/01/2020

MLS Public Remarks  Excellent investment opportunity, vintage income property For Sale in Downtown Madison. This 2 flat apartment building is right off Regent Street, steps from Camp Randall Stadium and the UW Campus. The location allows for unprecedented rental retention rates. Leases secured through August 2020!
Documents and Related Links  
* 4 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  From Camp Randall Stadium At Intersection Of Monroe St And Regent St, Head East On Regent Street, Right On S. Orchard, On Your Left Just Past Park
    • BUILDING INFO  
  • Number of Units  2
  • Year Built  1933
  • # Furnaces  1
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  1
  • # Water Softeners  1
  • # Stoves  2
  • # 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  0
  • Number of 3+ Bedrooms  2
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  19531
  • Net Operating Inc  21992
  • Year  2019
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  Pioneer Westfield
  • Middle  Hamilton
  • Elementary  Franklin/Randall
  • Land Assessment  $98,000
  • Improvements  $408,400
  • Total Assessment  $506,400
  • Net Taxes  $10,903
  • Assessment Year  2020
  • Tax Year  2019
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  TR-V1
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.09
  • Source for Est. Total Acres  LAgnt
    • UNIT INFORMATION  
  • Unit 1  Balcony/patio, Eat-in kitchen, Family/Rec. room, Fireplace, Range/oven, Refrigerator, Wood or sim. wood floor
  • Unit 2  Balcony/patio, Eat-in kitchen, Family/Rec. room, Fireplace, Range/oven, Refrigerator, 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 0 08/12/2021 $1725 1,472 1 Space No Yes Yes
    2 3 1 0 08/12/2021 $1725 1,381 2 Space No Yes Yes
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included All appliances, fixtures
    Items Excluded  Tenants Personal Belongings, Owners Personal Belongings Note: Water softener is rented, not included in sale
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Poured Concrete Foundation
    • EXTERIOR FEATURES  
  • Type   2 story, Apartment building
  • Parking per Unit  2 Car garage, Detached, Outside
  • Barrier-free Features  
  • Exterior  Brick, Stone
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit
  • Legal Documents  Income/Exp Report Avail, Lease(s) on file
  • Miscellaneous  Close to bus line, Shared laundry, Water Softener Rented



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Bruner Realty & Management