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2388 West Lawn Ave,  Madison,  WI  53711 $579,900 Sold
2388 West Lawn Ave,  Madison,  WI  53711
$579,900
Sold
More Photos
 Property Type Multi Family
 Parcel # 0709-284-0234-5
 County Dane
 Sub Area W12
 Municipality Madison
 MLS# 1899389
 Listing Date 12/16/2020
 Sold Price $610,000
 Close Date 02/18/2021 12:00 AM

MLS Public Remarks  See Virtual Tour! Rare and Shining Gem in the Heart of Madison's most desirable residential area. Unmatched walkability paired with high-end updates and renovations make this multi flat an owner occupant's dream! Natural light pours through picture windows into open floorplans. Enjoy Colectivo coffee or evening cocktails on your rooftop patio, walk to Badger games, Wingra park, or hop on the bike path for an adventure! Tons of storage, home office, 2 car garage, and spacious layout create excellent livability while conveniences surround! Incredible income potential for owner occupant with multiple spaces available for rental or airbnb/vrbo. Properties like this are few and far between, do not miss your chance! Update list, etc. in associated docs for easy reference.
Documents and Related Links  
1) Condition Report
2) Addendum S
3) Updates and Improvements Master List
4) Profit and Loss Analysis
5) Update Summary
6) Utility and Mechanical Info.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Monroe St. To West Lawn Ave.
    • BUILDING INFO  
  • Number of Units  2
  • Year Built  1939
  • # Furnaces  2
  • Heating Type  1 Other
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  1
  • # Stoves  3
  • # Refrigerators  3
  • # Dish Washers  2
  • # Washers  1
  • # Dryers  1
  • # Units w/AC  3
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  1
  • Number of 3+ Bedrooms  1
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  5000
  • Net Operating Inc  55000
  • Year  2020
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  West
  • Middle  Hamilton
  • Elementary  Franklin/Randall
  • Land Assessment  $120,200
  • Improvements  $299,800
  • Total Assessment  $420,000
  • Net Taxes  $9,395
  • Assessment Year  2019
  • Tax Year  2019
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  TR-C2
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.16
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  
  • 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 3 2 0 none $0 1,250 2 Car Garage Yes Yes Yes
    2 2 1 0 none $0 1,080 2 Car Garage No No Yes
    3 0 0 0 - $0 0 1 Space Yes Yes Yes
    4 0 0 0 - $0 0 - - - -
    Items Included All Appliances, Window Coverings, one Window AC Unit (for porch), Water Softener
    Items Excluded  Seller's personal property, some of which may be negotiable.
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Crawl space, Full, Poured Concrete Foundation, Sump pump
    • EXTERIOR FEATURES  
  • Type   Apartment building
  • Parking per Unit  2 Car garage, 2 spaces
  • Barrier-free Features  
  • Exterior  Wood
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  
  • Legal Documents  
  • Miscellaneous  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Realty Executives Cooper Spransy