MLS Public Remarks Amazing opportunity to own an incredibly spacious, 4 bedroom, 2 bath symmetrical duplex in Madison! This property offers so much growth potential with almost 1,900 sq/ft each side, private attached garages and fenced yard. Each side features 4 spacious bedrooms, split level layout with 2 bedrooms and 1 bath on each floor, and walk-out to huge deck overlooking the large back yard. 2952 is a long term tenant on MTM at $1,450/mo. 2954 signed through 11/30/22 at $1,500/mo. Easy 8.000%+ cap rate potential. Recent updates: 2952 - new garage door, new water softener; 2954 - new water heater, new water softener, new fridge, new bay window, new washer/dryer.
Location City
Other Marketing Area
Mailing City Madison
C/T/V City
Unit #
Directions Fish Hatchery Rd. To West On Post Rd. To Right On Turbot Dr
Number of Units 2
Year Built 1987
# Furnaces 0
Heating Type Rad Elec
Heating Fuel Elec
# Water Heaters 2
# Water Softeners 2
# Stoves 2
# Refrigerators 2
# Dish Washers 2
# Washers 1
# Dryers 1
# Units w/AC 2
Number of Efficiencies 0
Number of 1 Bedrooms 0
Number of 2 Bedrooms 0
Number of 3+ Bedrooms 2
Total Income 0
Total Expenses 11928
Net Operating Inc 23472
Year 2021
School District Madison
High School West
Middle Cherokee
Elementary Leopold
Land Assessment $83,100
Improvements $256,900
Total Assessment $340,000
Net Taxes $7,011
Assessment Year 2021
Tax Year 2021
Owner
Zoning SR-V1
Subdivision
Name of Lake/River
Est. Total Acres 0.24
Source for Est. Total Acres PubR
Unit 1 Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc, Washer/dryer, Wood or sim. wood floor
Unit 2 Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Washer/dryer, Wood or sim. wood floor
Unit 3
Unit 4
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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 |
4 |
2 |
0 |
Mo to Mo |
$1450 |
1,860 |
1 Car Garage |
No |
No |
No |
2 |
4 |
2 |
0 |
11/30/22 |
$1500 |
1,860 |
1 Car Garage |
No |
No |
No |
3 |
0 |
0 |
0 |
- |
$0 |
0 |
- |
- |
- |
- |
4 |
0 |
0 |
0 |
- |
$0 |
0 |
- |
- |
- |
- |
Items Included (2) Refrigerator, (2) Stove, (2) Dishwasher, (2) Water Softener, (2) Garbage Disposal, Storage shed, 2954 Washer & Dryer.
Items Excluded Tenants and Seller's Personal Property, Microwave, 2952 Washer & Dryer.
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Finished, Full, Full Size Windows/Exposed, Poured Concrete Foundation
Type 2 story, Duplex
Parking per Unit 1 Car garage, Attached, Opener inc
Barrier-free Features Level drive, Level lot
Exterior Brick, Vinyl, Wood
Waterfront
Terms
Utilities Sep elec meters each unit
Legal Documents
Miscellaneous Close to bus line, Fenced yard, Water Softener Owned
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Real Broker Llc