MLS Public Remarks 2 unit investment property available in the beautiful Vilas neighborhood. Property is fully leased through 8/14/2021, has multiple parking stalls on the property (4 garage and 2 surface) and laundry in the basement of the lower level unit. Close proximity to UW & Edgewood Campus, hospitals, restaurants and shopping, multiple parks and the commuter bike trail. Invest for the income, owner occupy and collect rent on the second unit or convert back to a single family. To convert back to a single family you would need to consult with a general contractor on needed repairs. Work needed would be to remove walls, open up old stairwell, replace flooring, likely modify the support of the structure, etc. A rare opportunity that won't last long!
* 3 Documents Not Available via MLS |
Location City
Other Marketing Area
Mailing City Madison
C/T/V City
Unit #
Directions Monroe St. To Harrison St. Left On Madison St.
Number of Units 2
Year Built 1896
# Furnaces 2
Heating Type ForcAir
Heating Fuel Nat Gas
# Water Heaters 2
# Water Softeners 1
# Stoves 2
# Refrigerators 2
# Dish Washers 1
# Washers 1
# Dryers 1
# Units w/AC 0
Number of Efficiencies 0
Number of 1 Bedrooms 0
Number of 2 Bedrooms 0
Number of 3+ Bedrooms 2
Total Income 0
Total Expenses 0
Net Operating Inc 0
Year
School District Madison
High School West
Middle Hamilton
Elementary Franklin/Randall
Land Assessment $183,400
Improvements $250,400
Total Assessment $433,800
Net Taxes $9,667
Assessment Year 2020
Tax Year 2020
Owner
Zoning TR-C4
Subdivision
Name of Lake/River
Est. Total Acres 0.16
Source for Est. Total Acres PubR
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 |
2 |
1 |
0 |
8/14/2021 |
$1625 |
1,189 |
2 Car Garage |
No |
No |
Yes |
2 |
3 |
1 |
0 |
8/14/2021 |
$1495 |
1,048 |
2 Car Garage |
No |
No |
Yes |
3 |
0 |
0 |
0 |
- |
$0 |
0 |
- |
- |
- |
- |
4 |
0 |
0 |
0 |
- |
$0 |
0 |
- |
- |
- |
- |
Items Included 2 Refrigerators, 2 stoves, 1 dishwasher, 1 washer, 1 dryer, 2 water heaters, 1 water softener, 1 boiler, 1 furnace
Items Excluded Personal property of tenants in occupancy
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full
Type 2 flat
Parking per Unit 2 Car garage, 2 spaces
Barrier-free Features
Exterior Aluminum/Steel, Stone, Vinyl
Waterfront
Terms
Utilities
Legal Documents
Miscellaneous Close to bus line
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Madison Property Management, Inc.