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 Property Type Multi Family
 Parcel # 0709-144-0711-3
 County Dane
 Sub Area W01
 Municipality Madison
 MLS# 1910678
 Listing Date 05/28/2021
 Sold Price $700,000
 Close Date 12/28/2021 12:00 AM

MLS Public Remarks  Fantastic opportunity to own an income generating property in ideal downtown Madison location. 12 bedroom rooming house on Wisconsin Ave. Seller has had a very steady rental history with flexible lease terms. Each floor offers full shared bath and each unit includes a refrigerator with a shared kitchen and family room. Very close to everything downtown - State Capitol, State Street, Lake Mendota, and University. See MLS# 10910665, 1910669, 1901678 for full portfolio.
Documents and Related Links  
1) Addendum S
2) RECR
3) Rent Details by Unit/Room
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Johnson To North On Wisconsin
  • BUILDING INFO  
  • Number of Units  12
  • Year Built  1904
  • # Furnaces  2
  • Heating Type  1 Other
  • Heating Fuel  Nat Gas
  • # Water Heaters  1
  • # Water Softeners  1
  • # Stoves  2
  • # Refrigerators  12
  • # Dish Washers  0
  • # Washers  1
  • # Dryers  1
  • # Units w/AC  12
  • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  12
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  0
  • Number of 3+ Bedrooms  0
  • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  25979
  • Net Operating Inc  33312
  • Year  2020
  • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  East
  • Middle  OKeeffe
  • Elementary  Lapham/Marquette
  • Land Assessment  $120,000
  • Improvements  $370,000
  • Total Assessment  $490,000
  • Net Taxes  $10,436
  • Assessment Year  2021
  • Tax Year  2020
  • Owner  
  • LOT DESCRIPTION  
  • Zoning  DR1,HIS-MH
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.08
  • Source for Est. Total Acres  PubR
  • UNIT INFORMATION  
  • 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 4 1 0 see docs $2150 1,507 None Yes Yes Yes
    2 5 1 0 see docs $2500 1,507 None Yes Yes Yes
    3 3 1 0 see docs $1475 851 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included all refrigerators (10 full size, 2 mini fridges), oven/ranges, window coverings, window A/C units, bedroom furniture
    Items Excluded  sellers'/tenant's personal belongings
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Other Foundation
  • EXTERIOR FEATURES  
  • Type   3 story
  • Parking per Unit  None
  • Barrier-free Features  
  • Exterior  Wood
  • Waterfront  
  • Terms  
  • OTHER FEATURES  
  • Utilities  
  • Legal Documents  
  • Miscellaneous  Shared laundry



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Sprinkman Real Estate