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310 N Ingersoll St,  Madison,  WI  53703 $649,900 Expired
310 N Ingersoll St,  Madison,  WI  53703
$649,900
Expired
More Photos
 Property Type Multi Family
 Parcel # 0709-131-1316-7
 County Dane
 Sub Area E01
 Municipality Madison
 MLS# 1895084
 Listing Date 10/02/2020

MLS Public Remarks  Great cash flow and excellent location. Consistent 100% occupancy rate. All units have central air, hardwood floors, high ceilings, eat-in kitchens, dishwashers, excellent natural light. Four off-street parking spots. Roof, siding, decks, exterior trim in good condition. Dry basement with full bathroom, utility sink, 1 storage room/unit, 2 storage rooms for landlord. New mechanicals and appliances (see "Included"). New gutters (2016). 200 amps in, fuse boxes; some remaining knob and tube; Rent increase potential from unit 2 (best unit with large balcony, lowest rent now due to current tenants in their 4th year and free parking spot), and from parking spots (now charge $30/spot)
Documents and Related Links  
1) RECR
2) Add S
* 1 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  E. Washington To N. Ingersoll
    • BUILDING INFO  
  • Number of Units  3
  • Year Built  1900
  • # Furnaces  3
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  4
  • # Water Softeners  1
  • # Stoves  3
  • # Refrigerators  3
  • # Dish Washers  3
  • # Washers  2
  • # Dryers  1
  • # Units w/AC  3
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  0
  • Number of 3+ Bedrooms  3
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  27500
  • Net Operating Inc  34000
  • Year  
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  East
  • Middle  OKeeffe
  • Elementary  Lapham/Marquette
  • Land Assessment  $86,100
  • Improvements  $418,900
  • Total Assessment  $505,000
  • Net Taxes  $12,350
  • Assessment Year  2020
  • Tax Year  2019
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  TR-V1
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.08
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Family/Rec. room, Individual heat control, Pantry, Range/oven, Refrigerator, Separate Storage Unit Inc, Wood or sim. wood floor
  • Unit 2  Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Family/Rec. room, Individual heat control, Pantry, Range/oven, Refrigerator, Separate Storage Unit Inc, Wood or sim. wood floor
  • Unit 3  Air conditioning, Dishwasher, Eat-in kitchen, Family/Rec. room, Individual heat control, Pantry, Range/oven, Refrigerator, Separate Storage Unit Inc, 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 3 1 0 8/14/2021 $1685 1,167 1 Space No No Yes
    2 3 1 0 8/14/2021 $1660 1,167 1 Space No No Yes
    3 3 1 0 8/14/2021 $1705 1,167 2 Space No No Yes
    4 0 0 0 - $0 0 - - - -
    Items Included 3 new fridges (2020, 2016, 2015), 3 stoves, 3 dish washers (2016, 2015, 2015), 1 owned water softener (2014), 2 clothes washers (2015, ??), 1 clothes dryer (2015), 4 power-vent water heaters (2019, 2016, 2014, 2000), 3 95% efficient furnaces (2019 all 3), 3 a/c units.
    Items Excluded  Seller's personal Items, Tenant's personal items
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  Energy Star Appliance(s), Low E Windows
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Block Foundation, Full
    • EXTERIOR FEATURES  
  • Type   3 story
  • Parking per Unit  Outside, Parking fee
  • Barrier-free Features  
  • Exterior  Fiber Cement, Other
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  Condition report on file, Lease(s) on file
  • Miscellaneous  Close to bus line, Shared laundry, Water Softener Owned



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of The Mcgrady Group, Llc