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1401 Mckenna Blvd,  Madison,  WI  53711 $629,900 Sold
1401 Mckenna Blvd,  Madison,  WI  53711
$629,900
Sold
More Photos
 Property Type Multi Family
 Parcel # 0708-363-0808-5
 County Dane
 Sub Area W08
 Municipality Madison
 MLS# 1914817
 Listing Date 07/14/2021
 Sold Price $629,900
 Close Date 05/06/2022 12:00 AM

MLS Public Remarks  Current rents $4411/month, plus pet fees. Fully rented westside 4-unit apartment building. Each unit is a 2-bedroom, 2-bathroom, with garage. Garages may be considered 2-car tandem. Tenant is responsible for the electric and the electric heat. Four additional parking stalls outside. Excellent rental history. Seller has owned property for 20+ years and feels his rents are below market.
Documents and Related Links  
1) YTD Income Expense
2) 2019 and 2020 Income Expense
3) 1401 McKenna - RECR
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Corner Of Mckenna Blvd & Jacobs Way
    • BUILDING INFO  
  • Number of Units  4
  • Year Built  1993
  • # Furnaces  4
  • Heating Type  Rad Elec
  • Heating Fuel  Elec
  • # Water Heaters  4
  • # Water Softeners  1
  • # Stoves  4
  • # Refrigerators  4
  • # Dish Washers  4
  • # Washers  4
  • # Dryers  4
  • # Units w/AC  4
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  2
  • Number of 3+ Bedrooms  0
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  28105
  • Net Operating Inc  21915
  • Year  2020
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  Call School District
  • Middle  Call School District
  • Elementary  Call School District
  • Land Assessment  $77,000
  • Improvements  $317,000
  • Total Assessment  $394,000
  • Net Taxes  $8,346
  • Assessment Year  2020
  • Tax Year  2020
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  SR-V1
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.31
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Air conditioning, Dishwasher, In-unit laundry, Individual heat control, Master bedroom bath, Range/oven, Refrigerator, Washer/dryer
  • Unit 2  Air conditioning, Dishwasher, In-unit laundry, Individual heat control, Master bedroom bath, Range/oven, Refrigerator, Washer/dryer
  • Unit 3  Air conditioning, Dishwasher, In-unit laundry, Individual heat control, Master bedroom bath, Range/oven, Refrigerator, Washer/dryer
  • Unit 4  Air conditioning, Dishwasher, In-unit laundry, Individual heat control, Master bedroom bath, Range/oven, Refrigerator, Washer/dryer
    • Landlord Pays
    Unit Bedrooms Full Baths Half Baths Lease Expiration Date Month Rent Fin Sq.Ft Parking Elec Heat W/S
    1 2 2 0 07/31/2022 $1109 1,050 1 Car Garage No No Yes
    2 2 2 0 07/31/2022 $1089 1,050 1 Car Garage No No Yes
    3 2 2 0 09/30/2022 $1089 1,050 1 Car Garage No No Yes
    4 2 2 0 05/31/2022 $1124 1,050 1 Car Garage No No Yes
    Items Included (4) Range/ovens, (4) Refrigerators, (4) Dishwashers, (4) Washers, (4) Dryers,
    Items Excluded  Personal property of the seller and/or tenants
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Poured Concrete Foundation
    • EXTERIOR FEATURES  
  • Type   2 story, Apartment building
  • Parking per Unit  1 Car garage, 1 space, Opener inc, Outside
  • Barrier-free Features  
  • Exterior  Brick, Vinyl
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  Condition report on file, Income/Exp Report Avail, Lease(s) on file
  • Miscellaneous  Close to bus line, Water Softener Owned



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Investment Realty Services Llc