MLS Public Remarks North Side multi-family investment portfolio now available for sale! Located at the corner of Aberg Avenue and Ruskin Street, these 3 apartment buildings have a total of 11 units, coin laundry, storage units and ample surface parking. Many long-term tenants in place and several units recently remodeled. Highly desirable area given attractive rental rates and great occupancy track record. Nearby amenities include the Madison Public Library, Willy Street Co-Op, Pick & Save, Walgreens, FEED kitchen, Ancora Cafe and Bakery, Bear & Bottle, the UPS store, Klinke Cleaners, Kavanaugh's Esquire Club, the North Side Farmers Market, and more.
Location City
Other Marketing Area
Mailing City Madison
C/T/V City
Unit #
Directions Https://Goo.gl/Maps/V4kfrjoagait18rn8
Number of Units 11
Year Built 1962
# Furnaces 3
Heating Type 1 Other
Heating Fuel 1Other
# Water Heaters 3
# Water Softeners 3
# Stoves 12
# Refrigerators 12
# Dish Washers 0
# Washers 3
# Dryers 3
# Units w/AC 0
Number of Efficiencies 0
Number of 1 Bedrooms 2
Number of 2 Bedrooms 8
Number of 3+ Bedrooms 1
Total Income 0
Total Expenses 40358
Net Operating Inc 94642
Year
School District Madison
High School East
Middle Sherman
Elementary Emerson
Land Assessment $171,800
Improvements $907,800
Total Assessment $1,079,600
Net Taxes $22,650
Assessment Year 2021
Tax Year 2021
Owner
Zoning TR-V1
Subdivision
Name of Lake/River
Est. Total Acres 0.55
Source for Est. Total Acres PubR
Unit 1
Unit 2
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 |
2 |
1 |
0 |
N/A |
$900 |
0 |
1 Space |
No |
Yes |
Yes |
2 |
2 |
1 |
0 |
N/A |
$900 |
0 |
1 Space |
No |
Yes |
Yes |
3 |
2 |
1 |
0 |
N/A |
$900 |
0 |
1 Space |
No |
Yes |
Yes |
4 |
2 |
1 |
0 |
N/A |
$900 |
0 |
1 Space |
No |
Yes |
Yes |
Items Included
Items Excluded
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full
Type 2 story, Apartment building
Parking per Unit Outside
Barrier-free Features
Exterior Brick
Waterfront
Terms
Utilities Sep elec meters each unit
Legal Documents
Miscellaneous
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Key Commercial Real Estate, Llc