MLS Public Remarks 0.313 Acre - 4 unit multi-family located in Fitchburg near the intersection of Irish Lane and S. Syene Rd. that offers country living while still being 5 minutes from Madison. Units #1, #2 & #3 are two bedrooms and one bath. Unit #4 is a one bedroom and one bath. The seller does have architectural plans for an additional 1 bedroom unit to be added to the existing building however plans have not yet been submitted to the city for approval. All units have washers/dryers, 2 units have dish washers, newer driveway, newer wooden stair case and some units have been updated. Fully leased with an annual gross income of $46,800 and all tenants pay electric & gas.
Location City
Other Marketing Area
Mailing City Fitchburg
C/T/V City
Unit #
Directions S. Syene Rd.
Number of Units 4
Year Built 1954
# Furnaces 4
Heating Type ForcAir
Heating Fuel Nat Gas
# Water Heaters 1
# Water Softeners 0
# Stoves 4
# Refrigerators 4
# Dish Washers 2
# Washers 4
# Dryers 4
# Units w/AC 4
Number of Efficiencies 0
Number of 1 Bedrooms 1
Number of 2 Bedrooms 3
Number of 3+ Bedrooms 0
Total Income 0
Total Expenses 0
Net Operating Inc 0
Year
School District Oregon
High School Call School District
Middle Call School District
Elementary Call School District
Land Assessment $120,000
Improvements $189,100
Total Assessment $309,100
Net Taxes $7,257
Assessment Year 2022
Tax Year 2021
Owner
Zoning R-L
Subdivision
Name of Lake/River
Est. Total Acres 0.31
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 |
4/30/2023 |
$995 |
745 |
2 Space |
No |
No |
Yes |
2 |
2 |
1 |
0 |
4/30/2023 |
$1040 |
850 |
2 Space |
No |
No |
Yes |
3 |
2 |
1 |
0 |
6/30/2023 |
$940 |
850 |
2 Space |
No |
No |
Yes |
4 |
1 |
1 |
0 |
9/30/2023 |
$925 |
755 |
2 Space |
No |
No |
Yes |
Items Included
Items Excluded
Energy Efficient/Green Features
Water/Waste Well
Basement Block Foundation, None
Type 2 story, Apartment building
Parking per Unit Outside
Barrier-free Features
Exterior Brick, Other, Wood
Waterfront
Terms
Utilities Sep elec meters each unit, Sep gas meters each unit
Legal Documents
Miscellaneous
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Madison Property Management, Inc.