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 Property Type Multi Family
 Parcel # 080936403304
 County Dane
 Sub Area E04
 Municipality Madison
 MLS# 1919128
 Listing Date 09/03/2021
 Sold Price $815,000
 Close Date 11/18/2021 12:00 AM

MLS Public Remarks  Money making 8-unit apartment building in a great rental area near Warner Park and Willy Street Co-op at Northside Town Center. Long term owner (over 20 years) is ready to retire and has taken good care of the property. Many long term residents - rents below market. One resident handles snow shoveling, lawn cutting, common area cleaning for a reduced rent. Residents love the location near many employment options and the ability to walk to grocery store, restaurants and all that Warner Park has to offer. All units are two bedroom / one bath. One off street parking stall per unit. Common laundry equipment owned by Seller. Heat is hot water central boiler with individual unit control thermostats. Residents pay own electricity. Coin laundry in basement.
Documents and Related Links  
1) Boiler Inspection
2) Seller Condition Report and Addendum S
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Sherman Avenue North To Left On Trailsway To Left On Calypso
  • BUILDING INFO  
  • Number of Units  8
  • Year Built  1965
  • # Furnaces  1
  • Heating Type  1 Other
  • Heating Fuel  Nat Gas
  • # Water Heaters  1
  • # Water Softeners  0
  • # Stoves  8
  • # Refrigerators  8
  • # Dish Washers  8
  • # Washers  1
  • # Dryers  1
  • # Units w/AC  8
  • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  8
  • Number of 3+ Bedrooms  0
  • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  
  • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  East
  • Middle  Sherman
  • Elementary  Emerson
  • Land Assessment  $41,000
  • Improvements  $532,000
  • Total Assessment  $573,000
  • Net Taxes  $12,665
  • Assessment Year  2021
  • Tax Year  2020
  • Owner  
  • LOT DESCRIPTION  
  • Zoning  SR-V1
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.25
  • Source for Est. Total Acres  PubR
  • UNIT INFORMATION  
  • Unit 1  Air conditioning, Balcony/patio, Dishwasher, Family/Rec. room, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc, Shared Basement, Wood or sim. wood floor
  • Unit 2  Air conditioning, Balcony/patio, Dishwasher, Family/Rec. room, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc, Shared Basement, Wood or sim. wood floor
  • Unit 3  Air conditioning, Balcony/patio, Dishwasher, Family/Rec. room, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc, Shared Basement
  • Unit 4  Air conditioning, Balcony/patio, Dishwasher, Family/Rec. room, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc, Shared Basement
  • Landlord Pays
    Unit Bedrooms Full Baths Half Baths Lease Expiration Date Month Rent Fin Sq.Ft Parking Elec Heat W/S
    1 2 1 0 Mo-to-mo $820 700 1 Space No Yes Yes
    2 2 1 0 Mo-to-mo $820 700 1 Space No Yes Yes
    3 2 1 0 Mo-to-mo $720 700 1 Space No Yes Yes
    4 2 1 0 Mo-to-mo $760 700 1 Space No Yes Yes
    Items Included Washer and Dryer, 8 stoves, refrigerators, dishwashers, disposals
    Items Excluded  Tenants Personal property
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Poured Concrete Foundation, Sump pump
  • EXTERIOR FEATURES  
  • Type   2 story, Apartment building
  • Parking per Unit  Outside
  • Barrier-free Features  
  • Exterior  Aluminum/Steel, Brick
  • Waterfront  
  • Terms  
  • OTHER FEATURES  
  • Utilities  Sep elec meters each unit
  • Legal Documents  Condition report on file, Income/Exp Report Avail, Lease(s) on file
  • Miscellaneous  Close to bus line, Internet - Cable, Shared laundry



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Keller Real Estate, Llc