Presented by...
Luke Bruckner
Mobile: (608) 445-9852
Work: (608) 662-7777
[email protected]

 Property Type Multi Family
 Parcel # 0609-032-0605-6
 County Dane
 Sub Area W18
 Municipality Madison
 MLS# 1932287
 Listing Date 04/21/2022
 Sold Price $385,000
 Close Date 06/27/2022 12:00 AM

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.
Documents and Related Links  
1) RECR
LOCATION  
  • 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
  • BUILDING INFO  
  • 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
  • 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  11928
  • Net Operating Inc  23472
  • Year  2021
  • ASSESSMENT/SCHOOLS   
  • 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  
  • LOT DESCRIPTION  
  • Zoning  SR-V1
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.24
  • Source for Est. Total Acres  PubR
  • UNIT INFORMATION  
  • 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  
  • 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.
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Finished, Full, Full Size Windows/Exposed, Poured Concrete Foundation
  • EXTERIOR FEATURES  
  • 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  
  • OTHER FEATURES  
  • 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