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5677 Williamsburg Way,  Fitchburg,  WI  53719 $490,000 Sold
5677 Williamsburg Way,  Fitchburg,  WI  53719
$490,000
Sold
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 Property Type Multi Family
 Parcel # 0609-062-6986-3
 County Dane
 Sub Area W19
 Municipality Fitchburg
 MLS# 1936450
 Listing Date 06/08/2022
 Sold Price $455,500
 Close Date 08/09/2022 12:00 AM

MLS Public Remarks  Start your income property portfolio with this profit producing four unit building (Large lot). Located in the Southwest of Madison with easy access to main roads. Each unit has one bedroom, one bathroom, a combined dining and living room plus plenty of parking. The property generates great income and is easy to rent. Sellers installed new laminate floors, kitchen and bathroom cabinets in all the units in 2019.
Documents and Related Links  
1) RECR
2) Joing Driveway Agreement
3) Property flyer
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Fitchburg
  • C/T/V  City
  • Unit #  
  • Directions  Verona Rd. (hwy 18 & 151) To Williamsburg Way
    • BUILDING INFO  
  • Number of Units  4
  • Year Built  1980
  • # Furnaces  4
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  1
  • # Stoves  4
  • # Refrigerators  4
  • # Dish Washers  4
  • # Washers  1
  • # Dryers  1
  • # Units w/AC  4
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  4
  • Number of 2 Bedrooms  0
  • Number of 3+ Bedrooms  0
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  10472
  • Net Operating Inc  33887
  • Year  2022
    • ASSESSMENT/SCHOOLS   
  • School District  Verona
  • High School  Verona
  • Middle  Savanna Oaks
  • Elementary  Country View
  • Land Assessment  $120,000
  • Improvements  $180,000
  • Total Assessment  $300,000
  • Net Taxes  $7,744
  • Assessment Year  2021
  • Tax Year  2021
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  Res
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.24
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Air conditioning, Dishwasher, Range/oven, Refrigerator, Separate Storage Unit Inc
  • Unit 2  Air conditioning, Dishwasher, Range/oven, Refrigerator, Separate Storage Unit Inc
  • Unit 3  Air conditioning, Balcony/patio, Dishwasher, Range/oven, Refrigerator, Separate Storage Unit Inc
  • Unit 4  Air conditioning, Balcony/patio, Dishwasher, Range/oven, Refrigerator, Separate Storage Unit Inc
    • Landlord Pays
    Unit Bedrooms Full Baths Half Baths Lease Expiration Date Month Rent Fin Sq.Ft Parking Elec Heat W/S
    1 1 1 0 monthly $900 714 2 Space No No Yes
    2 1 1 0 vacant $0 714 2 Space No No Yes
    3 1 1 0 2/28/2023 $900 714 2 Space No No Yes
    4 1 1 0 6/30/2023 $900 714 2 Space No No Yes
    Items Included 4 refrigerators, 4 range/ovens, 4 dishwashers, 4 disposals, water softener, coin operating washer and dryer
    Items Excluded  tenants personal property
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Poured Concrete Foundation, Walkout
    • EXTERIOR FEATURES  
  • Type   2 story, Apartment building
  • Parking per Unit  Outside
  • Barrier-free Features  Level drive, Level lot
  • Exterior  Vinyl
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  Condition report on file, Joint driveway agreement, Lease(s) on file
  • Miscellaneous  Building Sprinkler System, Close to bus line, Internet - Cable, Shared laundry, Water Softener Owned



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of The Alvarado Group, Inc