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124 W Gilman St,  Madison,  WI  53703 $750,000 Sold
124 W Gilman St,  Madison,  WI  53703
$750,000
Sold
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 Property Type Multi Family
 Parcel # 0709-144-1114-8
 County Dane
 Sub Area W01
 Municipality Madison
 MLS# 1939220
 Listing Date 07/09/2022
 Sold Price $675,000
 Close Date 09/30/2022 12:00 AM

MLS Public Remarks  Classic 7 Bedroom 2 bath home - Great Location - always rented. Parking leases are year long. Could be two flat but leased for one group. 3 bedrooms and 1 bath on main level, 4 bedrooms and 1 bath upper level - Laundry stacked on main level. Kitchen cabinets, granite counters, dishwasher and stove/oven are newer. Second story has kitchen type limited common area. Central Air on 2nd Fl only. 7 Parking spots at $185 per month. This is in a Historic District. City Website states 3 unit zoning.
Documents and Related Links  
1) RECR
2) Addendum S
3) Joint Driveway Agreement
4) Inspection LBP Testing
* 1 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Gilman
    • BUILDING INFO  
  • Number of Units  3
  • Year Built  1885
  • # Furnaces  2
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  0
  • # Stoves  1
  • # Refrigerators  2
  • # Dish Washers  1
  • # Washers  1
  • # Dryers  1
  • # Units w/AC  0
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  0
  • Number of 3+ Bedrooms  1
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  17961
  • Net Operating Inc  43779
  • Year  2022
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  West
  • Middle  Hamilton
  • Elementary  Franklin/Randall
  • Land Assessment  $169,500
  • Improvements  $273,700
  • Total Assessment  $443,200
  • Net Taxes  $9,809
  • Assessment Year  2021
  • Tax Year  2021
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  DR1HIS
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.13
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Dishwasher, Family/Rec. room, In-unit laundry, Range/oven, Refrigerator, Washer/dryer
  • Unit 2  Refrigerator
  • 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 3 1 0 8/14/2023 $3850 2,294 Street No No Yes
    2 4 1 0 8/14/2023 $0 0 Street No No Yes
    3 0 0 0 8/14/2023 $1295 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included dishwasher, stove/oven, two refrigerators
    Items Excluded  Tenants Personal Property
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Other Foundation, Partial
    • EXTERIOR FEATURES  
  • Type   2 flat, 2 story
  • Parking per Unit  Outside, Parking fee
  • Barrier-free Features  
  • Exterior  Wood
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  Condition report on file, Income/Exp Report Avail, Joint driveway agreement, Lease(s) on file
  • Miscellaneous  



    • Above Information Deemed Reliable, But Not Guaranteed

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