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1901-1915 Greenway Cross,  Fitchburg,  WI  53713 $2,550,000 Sold
1901-1915 Greenway Cross,  Fitchburg,  WI  53713
$2,550,000
Sold
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 Property Type Business/Commercial
 Parcel # multiple
 County Dane
 Sub Area W19
 Municipality Fitchburg
 MLS# 1893518
 Listing Date 09/12/2020
 Sold Price $2,500,000
 Close Date 12/18/2020 12:00 AM

MLS Public Remarks  Rare opportunity! Greenway 32 Apartments, located in the City of Fitchburg, Wisconsin, is comprised of two adjacent 16-unit apartment buildings constructed on a total of 1.55 acres. Each building sits on its own parcel of land, and was built with modern construction methods including poured concrete foundations and low-maintenance brick exteriors. Plenty of outdoor parking available. High visibility on Greenway Cross. Many capital improvements and upgrades over the past 5 years. Add this gem to your portfolio. Also listed at multi-unit in MLS.
Documents and Related Links  
1) COVID 19 Showing Standards
2) Seller Disclosure Report
3) Offering Memorandum
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Fitchburg
  • C/T/V  City
  • Unit #  
  • Directions  From Beltline To South On Fish Hatchery To Right On Greenway Cross
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  32
  • Building Gross SqFt  26,000
  • Net Leasable SqFt  25,500
  • Year Built  1972
  • Source for Year Built  Slr
  • Approx Bldg Dimen  0x0
  • Street Frontage  554
  • Parking Fees/Mo.  $0
  • Onsite Parking  42
  • # of Stories  2
  • Ceiling Height Min  0
  • Ceiling Height Max  8
  • Number of Loading Docks  0
  • Zoning  R-HA
  • Est. Total Acres  1.55
  • Source Of Est Acres  Slr
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $800,000
  • Assessment Year  2020
  • Net Taxes  $34,761
  • Tax Year  2019
  • Improvements  $1,186,800
  • Total Assessment  $1,986,800
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,020
  • Gross Operating Income  $0
  • Annual Operating Exp  $0
  • Net Operating Income  $0
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 All Res 6/30/2021 0 $899 $0 $0 900
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included 32 fridges, 32 stoves, 4 coin operated washers & dryers, boilers, water heaters, water softeners
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Radiant, Wall AC, Zoned heating
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Partial, Poured concrete foundatn, Slab/None
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Apartment building
  • Exterior Treatment  
  • Building Parking  36-55 spaces
  • Roofing  Composition
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Lease(s)
  • Location  Near public transportatn, Residential area
  • Tenant Pays  Electric
  • Present Use  Apartment building
  • Licenses  None
  • Lease Type  Annual, Month to month
  • Occupied by  
  • Sale Includes  Lease(s)
  • Features  Inside storage, Residential unit(s)



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Exp Realty, Llc