MLS Public Remarks Fantastic income opportunity is yours! Six one-bedroom units always rented. Tenants responsible for all utilities. Electric baseboard heat, water heater, wall air conditioner, washer and dryer in each unit. Separately metered for electricity ($111/mo av) and water ($44/mo av). Ground floor units enter directly from private garage into apartment; upper level apartment private garages open into common area to gain entry to apartment. Quiet residential neighborhood adjacent to Elver Park, bus lines, close to shopping and thoroughfares. Spectrum internet and cable available if tenants contract directly with provider. The building has been owned and maintained by same owner since built and is waiting for you!
Location City
Other Marketing Area
Mailing City Madison
C/T/V City
Unit #
Directions South On Gammon Rd/Mckenna Rd, East On Hammersley Rd.
Number of Units 6
Year Built 1987
# Furnaces 0
Heating Type 1 Other
Heating Fuel Elec
# Water Heaters 6
# Water Softeners 0
# Stoves 6
# Refrigerators 6
# Dish Washers 6
# Washers 6
# Dryers 6
# Units w/AC 6
Number of Efficiencies 0
Number of 1 Bedrooms 6
Number of 2 Bedrooms 0
Number of 3+ Bedrooms 0
Total Income 0
Total Expenses 21325
Net Operating Inc 30635
Year 2020
School District Madison
High School Memorial
Middle Call School District
Elementary Falk
Land Assessment $70,000
Improvements $340,000
Total Assessment $410,000
Net Taxes $9,133
Assessment Year 2020
Tax Year 2020
Owner
Zoning SR-V1
Subdivision
Name of Lake/River
Est. Total Acres 0.3
Source for Est. Total Acres PubR
Unit 1 Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Washer/dryer
Unit 2 Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Washer/dryer
Unit 3 Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Washer/dryer
Unit 4 Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Washer/dryer
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Landlord Pays |
| Unit |
Bedrooms |
Full Baths |
Half Baths |
Lease Expiration Date |
Month Rent |
Fin Sq.Ft |
Parking |
Elec |
Heat |
W/S |
| 1 |
1 |
1 |
0 |
05/31/2021 |
$625 |
850 |
1 Car Garage |
No |
No |
No |
| 2 |
1 |
1 |
0 |
05/31/2021 |
$725 |
850 |
1 Car Garage |
No |
No |
No |
| 3 |
1 |
1 |
0 |
05/31/2021 |
$765 |
850 |
1 Car Garage |
No |
No |
No |
| 4 |
1 |
1 |
0 |
07/31/2021 |
$725 |
850 |
1 Car Garage |
No |
No |
No |
Items Included Dishwasher, refrigerator, stove/oven, washer, dryer, water heater, air conditioner, garage opener in each of the units
Items Excluded Tenant personal property
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement None
Type 2 story, Apartment building
Parking per Unit 1 Car garage, Attached, Opener inc
Barrier-free Features
Exterior Brick, Vinyl
Waterfront
Terms
Utilities Sep elec meters each unit, Separate water meters
Legal Documents Condition report on file, Income/Exp Report Avail, Lease(s) on file
Miscellaneous Close to bus line, Internet - Cable, Internet - Fiber
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Custom Real Estate Llc
