MLS Public Remarks Fully occupied 3 unit apartment building in Downtown Mazomanie. Recently remodeled first floor efficiency apartment with storefront for retail or office. Strong rental history and good tenants, who prefer to stay. Seller pays heat with electric and water billed separately to tenants. New Boiler 2008, roof recently resealed, some interior finishes yet to be completed. Leases currently on short term extensions. Includes parcel 0806-093-5621-0 for future development. Property located within TIFF District and there's a possibility exists for Wisconsin State Historical and Federal tax credits up to 40% with no ceiling for structural and window improvements. Showings require 24 hour notice after 4 PM Monday-Friday Weekends 10-5 PM. Measurements are approximate and should be verified.
Location Village
Other Marketing Area
Mailing City Mazomanie
C/T/V Village
Unit #
Directions From Madison Hwy 14 West To Mazomanie, Right On Brodhead To Hudson, Left On Immediate Right!
Number of Units 3
Year Built 999
# Furnaces 1
Heating Type Rad Elec
Heating Fuel Nat Gas
# Water Heaters 3
# Water Softeners 0
# Stoves 3
# Refrigerators 2
# Dish Washers 0
# Washers 0
# Dryers 0
# Units w/AC 0
Number of Efficiencies 1
Number of 1 Bedrooms 1
Number of 2 Bedrooms 2
Number of 3+ Bedrooms 5
Total Income 0
Total Expenses 5944
Net Operating Inc 18056
Year
School District Wisconsin Heights
High School Wisconsin Heights
Middle Wisconsin Heights
Elementary BlackMazo
Land Assessment $38,100
Improvements $104,900
Total Assessment $145,100
Net Taxes $3,175
Assessment Year 2020
Tax Year 2020
Owner
Zoning B1
Subdivision
Name of Lake/River
Est. Total Acres 0.14
Source for Est. Total Acres PubR
Unit 1 Range/oven, Refrigerator
Unit 2 Den/office, Family/Rec. room, Master bedroom bath, Range/oven, Refrigerator
Unit 3 Eat-in kitchen, Family/Rec. room, Range/oven, Refrigerator
Unit 4
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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 |
08/31/2021 |
$950 |
965 |
Street |
No |
Yes |
No |
2 |
2 |
1 |
0 |
8/31/2021 |
$625 |
0 |
Street |
No |
Yes |
No |
3 |
2 |
1 |
0 |
08/31/2021 |
$625 |
0 |
- |
- |
- |
- |
4 |
0 |
0 |
0 |
- |
$0 |
0 |
- |
- |
- |
- |
Items Included
Items Excluded All Personal Property
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full, Other Foundation
Type 2 story, Apartment building
Parking per Unit 1 space
Barrier-free Features
Exterior Vinyl
Waterfront
Terms
Utilities Sep elec meters each unit, Separate water meters
Legal Documents
Miscellaneous Internet - DSL
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Harrop Realty