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 Property Type Multi Family
 Parcel # 070923316058
 County Dane
 Sub Area W14
 Municipality Madison
 MLS# 1924539
 Listing Date 12/01/2021
 Sold Price $475,500
 Close Date 05/06/2022 12:00 AM

MLS Public Remarks  Excellent Investment property to add to your portfolio. This well-built home is just a couple of blocks from the lake & offers an ideal location, close to bus route, downtown & everything Madison has to offer. Sweet view of Lake Monona from the front yard! 1st floor unit offers 2 bedroom, 1 bath. 2nd floor has 1 bedroom, 1 bath. Backyard offers convenient alley access. Can park 4-6 cars in back. All of the major components have been updated on the exterior in about 2010, from the roof to the siding, windows, insulation & new rubber membrane roofing. Lovely, newer front porch, first floor screened deck & 2nd level deck. Once in a lifetime investment opportunity! Add'l $350/month potential rental income from 5 parking spaces & $65/month from basement rental. Can add 2 car garage at alley.
Documents and Related Links  
1) Utilities #1
2) Utilities #2
3) Arial View
4) Parcel w/Dimensions
5) Updates & Features
6) Addendum S
7) Rider to Condition (incl /Offer)
8) Condition Report
* 4 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Park St. To Drake St.
  • BUILDING INFO  
  • Number of Units  2
  • Year Built  1897
  • # Furnaces  2
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  1
  • # Water Softeners  0
  • # Stoves  2
  • # Refrigerators  2
  • # Dish Washers  0
  • # Washers  1
  • # Dryers  1
  • # Units w/AC  0
  • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  1
  • Number of 2 Bedrooms  1
  • 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  West
  • Middle  Hamilton
  • Elementary  Franklin/Randall
  • Land Assessment  $116,800
  • Improvements  $27,000
  • Total Assessment  $387,500
  • Net Taxes  $7,982
  • Assessment Year  2021
  • Tax Year  2020
  • Owner  
  • LOT DESCRIPTION  
  • Zoning  TR-C3
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.14
  • Source for Est. Total Acres  PubR
  • UNIT INFORMATION  
  • Unit 1  Balcony/patio, Eat-in kitchen, Individual heat control, Range/oven, Refrigerator, Shared Basement, Wood or sim. wood floor
  • Unit 2  Balcony/patio, Eat-in kitchen, Individual heat control, Range/oven, Refrigerator, 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 08/14/2022 $1220 1,300 2 Space No No Yes
    2 1 1 0 08/14/2022 $920 900 2 Space No No Yes
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included 2 refrigerators, 2 stoves, Washer, Dryer, Shed
    Items Excluded  Tenant's Personal Property
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full
  • EXTERIOR FEATURES  
  • Type   2 flat
  • Parking per Unit  2 spaces, Outside
  • Barrier-free Features  
  • Exterior  Vinyl
  • Waterfront  
  • Terms  
  • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  Condition report on file, Lease(s) on file
  • Miscellaneous  Close to bus line, Internet - Cable



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of American, Realtors