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.
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
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
Number of Efficiencies 0
Number of 1 Bedrooms 0
Number of 2 Bedrooms 8
Number of 3+ Bedrooms 0
Total Income 0
Total Expenses 0
Net Operating Inc 0
Year
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
Zoning SR-V1
Subdivision
Name of Lake/River
Est. Total Acres 0.25
Source for Est. Total Acres PubR
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
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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 |
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
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full, Poured Concrete Foundation, Sump pump
Type 2 story, Apartment building
Parking per Unit Outside
Barrier-free Features
Exterior Aluminum/Steel, Brick
Waterfront
Terms
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