Presented by...
Paula Dollard
Mobile: (608) 469-3374
[email protected]

5215 Wallace Ave,  Monona,  WI  53716 $325,000 Sold
5215 Wallace Ave,  Monona,  WI  53716
$325,000
Sold
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 Property Type Multi Family
 Parcel # 0710-174-7331-2
 County Dane
 Sub Area E14
 Municipality Monona
 MLS# 1922361
 Listing Date 10/21/2021
 Sold Price $336,000
 Close Date 11/30/2021 12:00 AM

MLS Public Remarks  Wonderful opportunity in Monona to own an income property! Live in one side and rent out the other?! Beautiful brick ranch two unit with easy access to Monona Drive, the Beltline and Stoughton Road. close to Winnequah Park, the Monona Pool, library, the lake loop and the Dream Park. The unfinished basement has large separate storage areas for each unit and Unit B has an open concept kitchen, an updated bathroom and is vacant. Unit A has tenants through June 2022. This may be the opportunity you've been waiting for!!
Documents and Related Links  
1) Addendum S LBP Disclosure
2) RECR
3) House details unit A
4) House details unit B
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Monona
  • C/T/V  City
  • Unit #  
  • Directions  Monona Dr To West On Nichols To Right On Wallace. House Is On The Left.
    • BUILDING INFO  
  • Number of Units  2
  • Year Built  1962
  • # Furnaces  2
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  1
  • # Stoves  2
  • # Refrigerators  2
  • # Dish Washers  0
  • # Washers  2
  • # Dryers  2
  • # Units w/AC  1
    • 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  7760
  • Net Operating Inc  16840
  • Year  
    • ASSESSMENT/SCHOOLS   
  • School District  Monona Grove
  • High School  Monona Grove
  • Middle  Glacial Dr
  • Elementary  Winnequah
  • Land Assessment  $67,100
  • Improvements  $208,500
  • Total Assessment  $275,600
  • Net Taxes  $5,661
  • Assessment Year  2020
  • Tax Year  2020
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  Res
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.22
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Air conditioning, Eat-in kitchen, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc, Shared Basement, Washer/dryer, Wood or sim. wood floor
  • Unit 2  Eat-in kitchen, In-unit laundry, Individual heat control, Private Basement, Range/oven, Refrigerator, Separate Storage Unit Inc, Washer/dryer, Wood or sim. wood floor
  • 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 2 1 0 06/30/2022 $1050 840 2 Space No No Yes
    2 2 1 0 10/14/2021 $1000 840 2 Space No No No
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included Two ranges/ovens, two refrigerators, two washers, two dryers, all window coverings, cabinet in unit B kitchen.
    Items Excluded  Seller and tenant's personal items.
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Poured Concrete Foundation
    • EXTERIOR FEATURES  
  • Type   Duplex
  • Parking per Unit  2 spaces, Outside
  • Barrier-free Features  
  • Exterior  Brick
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  Lease(s) on file, Weatherizations cert.
  • Miscellaneous  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Stark Company, Realtors