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 Property Type Multi Family
 Parcel # multiple
 County Dane
 Sub Area W10
 Municipality Madison
 MLS# 1906305
 Listing Date 04/09/2021
 Sold Price $555,000
 Close Date 08/02/2021 12:00 AM

MLS Public Remarks  Investment Package: 5 rental condo units in 3 contiguous buildings within a 70 unit condo development. Condo dues are $175/mo plus $50/mo for heat. Dues include: unit heat, hot water, water/sewer, common area & exterior maintenance & upkeep. Each unit includes 2 surface (off-street) parking stalls. 2313 Carling #3 - 3BR, den, 2 full bath, vacant. Renting at $1350/mo. 2317 Carling #1 - 3BR/1.5BA, leased to 7-31-22 at $1150/mo. 2317 Carling #3 - 3BR/1.5BA, leased to 6-30-22 at $1125/mo. 2325 Carling #2 - 3BR/2.5BA, finished basement, lease up 6/30, renting at $1295/mo. 2325 Carling #4 - 3BR/1.5BA, leased to 5-31-22 at $1200/mo. One unit is vacant while re-renting (2313 Carling #3), backside of 2309 Carling.
Documents and Related Links  
* 3 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Verona Rd, Exit Onto Williamsburg Way, South Over Verona Rd, Left On Frontage Rd (toward Madison). Two Long Blocks, Then Right Onto Carling Dr.
  • BUILDING INFO  
  • Number of Units  5
  • Year Built  1964
  • # Furnaces  3
  • Heating Type  1 Other
  • Heating Fuel  Nat Gas
  • # Water Heaters  3
  • # Water Softeners  3
  • # Stoves  5
  • # Refrigerators  5
  • # Dish Washers  0
  • # Washers  0
  • # Dryers  0
  • # Units w/AC  5
  • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  0
  • Number of 3+ Bedrooms  5
  • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  2021
  • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  Memorial
  • Middle  Call School District
  • Elementary  Call School District
  • Land Assessment  $32,400
  • Improvements  $312,000
  • Total Assessment  $344,400
  • Net Taxes  $7,122
  • Assessment Year  2021
  • Tax Year  2020
  • Owner  
  • LOT DESCRIPTION  
  • Zoning  SR-V1
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.0
  • Source for Est. Total Acres  LAgnt
  • UNIT INFORMATION  
  • Unit 1  Air conditioning, Dining room, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc
  • Unit 2  Air conditioning, Eat-in kitchen, Range/oven, Refrigerator, Separate Storage Unit Inc
  • Unit 3  Air conditioning, Eat-in kitchen, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc, Shared Basement
  • Unit 4  Air conditioning, Eat-in kitchen, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc
  • 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 Vacant $1350 1,184 2 Space No Yes Yes
    2 3 1 1 07/31/2022 $1150 948 2 Space No Yes Yes
    3 3 1 1 06/30/2022 $1125 948 2 Space No Yes Yes
    4 3 2 1 06/30/2021 $1095 1,200 2 Space No Yes Yes
    Items Included 
    Items Excluded  Leased laundry machines in basement - condo assoc.
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Poured Concrete Foundation
  • EXTERIOR FEATURES  
  • Type   2 story, Apartment building
  • Parking per Unit  2 spaces, Outside
  • Barrier-free Features  
  • Exterior  Brick, Vinyl
  • Waterfront  
  • Terms  
  • OTHER FEATURES  
  • Utilities  Sep elec meters each unit
  • Legal Documents  Condition report on file, Joint driveway agreement, Lease(s) on file
  • Miscellaneous  Close to bus line, Shared laundry, Water Softener Owned



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Meyer Realty & Management Inc