MLS Public Remarks Showings begin 9/30. Tremendous investment opportunity in the desirable Vilas neighborhood of Madison. All 3 units are fully leased 3 bed/1bath flats that generate nearly $60,000 in combined revenue a year.
Location City
Other Marketing Area
Mailing City Madison
C/T/V City
Unit #
Directions From Park Street Turn West On Vilas Ave
Number of Units 3
Year Built 1904
# Furnaces 1
Heating Type ForcAir
Heating Fuel Nat Gas
# Water Heaters 3
# Water Softeners 1
# Stoves 3
# Refrigerators 3
# Dish Washers 0
# Washers 1
# Dryers 1
# Units w/AC 0
Number of Efficiencies 0
Number of 1 Bedrooms 0
Number of 2 Bedrooms 0
Number of 3+ Bedrooms 3
Total Income 0
Total Expenses 0
Net Operating Inc 0
Year
School District Madison
High School West
Middle Hamilton
Elementary Franklin/Randall
Land Assessment $50,300
Improvements $611,000
Total Assessment $661,300
Net Taxes $12,275
Assessment Year 2022
Tax Year 2021
Owner
Zoning TR-C3
Subdivision
Name of Lake/River
Est. Total Acres 0.06
Source for Est. Total Acres PubR
Unit 1 Range/oven, Refrigerator, Wood or sim. wood floor
Unit 2 Range/oven, Refrigerator, Wood or sim. wood floor
Unit 3 Range/oven, Refrigerator, Wood or sim. wood floor
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 |
3 |
1 |
0 |
8/14/2023 |
$1640 |
1,075 |
Street |
No |
Yes |
Yes |
2 |
3 |
1 |
0 |
8/14/2023 |
$1705 |
1,075 |
Street |
No |
Yes |
Yes |
3 |
3 |
1 |
0 |
8/14/2023 |
$1620 |
950 |
Street |
No |
Yes |
Yes |
4 |
0 |
0 |
0 |
- |
$0 |
0 |
- |
- |
- |
- |
Items Included 3x Stoves, 3x Refrigerators, All window coverings, Washer, Dryer, Water softener.
Items Excluded Seller's personal property.
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full
Type 3 story, Apartment building
Parking per Unit None
Barrier-free Features
Exterior Wood
Waterfront
Terms
Utilities Sep elec meters each unit
Legal Documents
Miscellaneous Water Softener Owned
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Keller Williams Realty