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2133 Center Ave,  Madison,  WI  53704 $650,000 Sold
2133 Center Ave,  Madison,  WI  53704
$650,000
Sold
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 Property Type Multi Family
 Parcel # 0710-071-0502-8
 County Dane
 Sub Area E09
 Municipality Madison
 MLS# 1928345
 Listing Date 02/25/2022
 Sold Price $650,000
 Close Date 04/12/2022 12:00 AM

MLS Public Remarks  Exceptional Combination! Upgraded 2+ unit classical flat in very appealing Madison neighborhood w/ historically low vacancies. Top walkability zone - 1 block to iconic grocery w/ bakery, 2 blocks offers amazing restaurants, bus stops. 3 blocks Lake Monona, Yahara Place Park, Live music, festivals, Olbrich Botanical Gardens, etc. 2133 Center Ave was owner occupied allowing for remodels of kitchens, baths, roof, (see FEATURE sheet Docs). Income based on recent rental posting, electric & gas split. May/June occupancy posted, Seller maintains interested tenant list. Expenses based on 4 years of improvements divided by 4. NOTE: Unit 1 has unique efficiency w/ private rear entrance. Early Spring closing ideal. Buyer to verify dimensions if important. Bdrm 3 of upper unit -no closet.
Documents and Related Links  
1) Addendum S
2) Real Estate Condition Report
3) 2133 Center Avenue Featured Improvements
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Atwood Dr. To S. On Division St. L. On Center Ave.
    • BUILDING INFO  
  • Number of Units  2
  • Year Built  1911
  • # Furnaces  2
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  1
  • # Water Softeners  1
  • # Stoves  2
  • # Refrigerators  3
  • # Dish Washers  0
  • # Washers  1
  • # Dryers  1
  • # Units w/AC  2
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  0
  • Number of 3+ Bedrooms  2
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  8769
  • Net Operating Inc  41651
  • Year  2021
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  East
  • Middle  OKeeffe
  • Elementary  Lapham/Marquette
  • Land Assessment  $126,200
  • Improvements  $389,800
  • Total Assessment  $516,000
  • Net Taxes  $10,704
  • Assessment Year  2021
  • Tax Year  2021
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  TR-V1
  • Subdivision  Parkview - Sasy
  • Name of Lake/River  
  • Est. Total Acres  0.13
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Air conditioning, Balcony/patio, Family/Rec. room, Individual heat control, Range/oven, Refrigerator, Shared Basement, Wood or sim. wood floor
  • Unit 2  Air conditioning, Balcony/patio, Dining room, Eat-in kitchen, Family/Rec. room, Individual heat control, Range/oven, Refrigerator, Shared Basement, 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 4 2 0 Vacant $2195 1,500 2 Space No No No
    2 3 1 0 Vacant $2095 1,200 2 Space No No No
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included 3 Refrigerators, 2 Range/Oven, 2 Microwave, 2 Disposal, 1 Dishwasher, 1 Washer, 1 Dryer, Water Softener
    Items Excluded 
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Block Foundation, Full, Other Foundation, Partially finished, Poured Concrete Foundation, Walkout
    • EXTERIOR FEATURES  
  • Type   2 flat, 2 story, Townhouse style units
  • Parking per Unit  1 space, 2 spaces, Outside
  • Barrier-free Features  First floor bedroom, First floor full bath, Low pile or no carpeting, Open floor plan, Stall shower
  • Exterior  Aluminum/Steel, Vinyl
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  
  • Legal Documents  Condition report on file
  • Miscellaneous  Close to bus line, Fenced yard, Internet - Fiber, Water Softener Owned



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Stark Company, Realtors