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520 & 522 & 528 State St,  Madison,  WI  53703 $3,495,000 Expired
520 & 522 & 528 State St,  Madison,  WI  53703
$3,495,000
Expired
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 Property Type Multi Family
 Parcel # 070914420206
 County Dane
 Sub Area W01
 Municipality Madison
 MLS# 1899976
 Listing Date 01/04/2021

MLS Public Remarks  520-522 State St, 528 State St, and 430 W Gilman St. 3 parcel investment portfolio available in downtown Madison, WI. Two buildings are mixed-use commercial & residential located on historic State Street and one commercial building located on adjacent W. Gilman St. 14 total residential units and 3 total commercial units. 8 surface parking stalls on State Street. Surrounded by the active UW campus and bustling downtown nightlife as well as easy access to west or east Madison.
Documents and Related Links  
* 5 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  12/18 To John Nolan Dr. N On Broom St. Left On State St. From E. Washington R On S Webster, L On E Dayton, R On Wisconsin Ave, L On Gorham, R On Broom
    • BUILDING INFO  
  • Number of Units  17
  • Year Built  1928
  • # Furnaces  4
  • Heating Type  Steam
  • Heating Fuel  Nat Gas
  • # Water Heaters  4
  • # Water Softeners  1
  • # Stoves  13
  • # Refrigerators  14
  • # Dish Washers  0
  • # Washers  1
  • # Dryers  1
  • # Units w/AC  0
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  4
  • Number of 1 Bedrooms  8
  • Number of 2 Bedrooms  2
  • Number of 3+ Bedrooms  0
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  West
  • Middle  Hamilton
  • Elementary  Franklin/Randall
  • Land Assessment  $579,000
  • Improvements  $1,764,000
  • Total Assessment  $2,325,000
  • Net Taxes  $51,999
  • Assessment Year  2020
  • Tax Year  2020
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  DC
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.25
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Individual heat control
  • 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 0 1 0 8/14/2021 $695 230 None No Yes Yes
    2 0 0 0 0 $0 0 2 Space Yes Yes Yes
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included All attached fixtures, HVAC systems, stoves, refrigerators and other appliances not including property owned by tenants in occupancy
    Items Excluded  Personal property of tenants in occupancy.
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full
    • EXTERIOR FEATURES  
  • Type   3 story, Apartment building
  • Parking per Unit  Outside
  • Barrier-free Features  
  • Exterior  Brick
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit
  • Legal Documents  
  • Miscellaneous  Close to bus line, Shared laundry



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Madison Property Management, Inc.