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7315 University Ave,  Middleton,  WI  53562 $369,900 Sold
7315 University Ave,  Middleton,  WI  53562
$369,900
Sold
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 Property Type Multi Family
 Parcel # 0708-114-2084-9
 County Dane
 Sub Area W04
 Municipality Middleton
 MLS# 1939324
 Listing Date 07/13/2022
 Sold Price $357,000
 Close Date 08/19/2022 12:00 AM

MLS Public Remarks  Two flat located in Downtown Middleton. Incredible opportunity to own this property which is currently owned by a builder in Middleton. Both units have been recently updated and well-cared for. Great income potential! Many features of the older homes of downtown Middleton with the oak woodwork, plus a shared laundry in the basement area, along with ample storage in the basement area for the tenants. Per the seller-1st person through the renting has always signed the lease. This should tell you something about the units. Landlord pays for heat/electric, gas, and water/sewer. Surface parking to the rear of the property.
Documents and Related Links  
* 3 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Middleton
  • C/T/V  City
  • Unit #  
  • Directions  University Ave In Middleton, Near Downtown
    • BUILDING INFO  
  • Number of Units  2
  • Year Built  999
  • # Furnaces  1
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  0
  • # Water Softeners  0
  • # Stoves  2
  • # Refrigerators  2
  • # Dish Washers  2
  • # Washers  1
  • # Dryers  1
  • # Units w/AC  0
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  2
  • Number of 2 Bedrooms  0
  • Number of 3+ Bedrooms  0
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  3000
  • Net Operating Inc  27000
  • Year  2021
    • ASSESSMENT/SCHOOLS   
  • School District  Middleton-Cross Plains
  • High School  Middleton
  • Middle  Kromrey
  • Elementary  Elm Lawn
  • Land Assessment  $114,200
  • Improvements  $167,400
  • Total Assessment  $281,600
  • Net Taxes  $5,343
  • Assessment Year  2022
  • Tax Year  2021
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  R-2
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.17
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Range/oven, Refrigerator, Washer/dryer
  • Unit 2  Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Master bedroom bath, Range/oven, 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 1 1 0 NA $1200 712 1 Space Yes Yes Yes
    2 1 1 0 NA $1300 522 1 Space Yes Yes Yes
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included 2-Range/Ovens, 2-Dishwashers,2-Refrig's, Washer/Dryer
    Items Excluded  All personal belongings of Sellers and Tenants.
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full
    • EXTERIOR FEATURES  
  • Type   2 flat, 2 story
  • Parking per Unit  Outside
  • Barrier-free Features  Level drive, Level lot
  • Exterior  Aluminum/Steel
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  
  • Legal Documents  Lease(s) on file
  • Miscellaneous  Close to bus line



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Restaino & Associates Era Powered