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 Property Type Multi Family
 Parcel # 0709-131-1426-4
 County Dane
 Sub Area E01
 Municipality Madison
 MLS# 1946405
 Listing Date 11/04/2022
 Sold Price $485,000
 Close Date 02/09/2023 12:00 AM

MLS Public Remarks  Must see income property opportunity in the heart of the Isthmus. Just blocks away from UW campus and Madison's best dining, nightlife & shopping, this 3 story / 2 unit multi-family has broad appeal in the highly competitive downtown rental environment! Each unit features 2 bed/1 full bath, spacious living & kitchen/dining areas, & newly upgraded wood decks! The lower unit has an added living space & full bath in basement! The upper unit features a versatile, carpeted loft easily used as an artist den, yoga studio or band room! Enjoy fall evenings in the fenced-in backyard w/ firepit. Tenants have driveway parking access along building & shared basement coin-op laundry. Utilities are included in rent. Tenants responsible for cable/internet, lawn maintenance & snow removal.
Documents and Related Links  
1) Addendum S
2) RECR
* 1 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  N Brearly St To Right At The 3rd Cross Street Onto E Johnson St
  • BUILDING INFO  
  • Number of Units  2
  • Year Built  1902
  • # Furnaces  1
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  1
  • # Water Softeners  1
  • # Stoves  2
  • # Refrigerators  2
  • # Dish Washers  0
  • # Washers  1
  • # Dryers  1
  • # Units w/AC  2
  • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  2
  • Number of 3+ Bedrooms  0
  • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  500
  • Net Operating Inc  0
  • Year  
  • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  East
  • Middle  OKeeffe
  • Elementary  Lapham/Marquette
  • Land Assessment  $98,400
  • Improvements  $336,800
  • Total Assessment  $435,200
  • Net Taxes  $8,419
  • Assessment Year  2022
  • Tax Year  2021
  • Owner  
  • LOT DESCRIPTION  
  • Zoning  RES
  • Subdivision  Browns Subdivision
  • Name of Lake/River  
  • Est. Total Acres  0.12
  • Source for Est. Total Acres  PubR
  • UNIT INFORMATION  
  • Unit 1  Air conditioning, Balcony/patio, Dining room, Family/Rec. room, Range/oven, Refrigerator, Shared Basement, Washer/dryer, Wood or sim. wood floor
  • Unit 2  Air conditioning, Balcony/patio, Dining room, Family/Rec. room, Range/oven, Refrigerator, Shared Basement, Vaulted ceiling(s), Wood or sim. wood floor
  • 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 2 1 0 08/14/2023 $1395 1,039 2 Space Yes Yes Yes
    2 2 1 0 07/31/2023 $1265 1,278 2 Space Yes Yes Yes
    3 0 1 0 - $0 720 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included 2 Refrigerator, 2 Range/Oven, Disposal, Washer/Dryer, All Window Coverings/Blinds, UHP Ultimate home warranty (https://uhpwarranty.com/compare-warranties/), lawn mower, snow blower
    Items Excluded  Sellers + tenants' personal property, dishwasher, microwave,
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal water
  • Basement  Partially finished
  • EXTERIOR FEATURES  
  • Type   3 story
  • Parking per Unit  Outside
  • Barrier-free Features  
  • Exterior  Vinyl
  • Waterfront  
  • Terms  
  • OTHER FEATURES  
  • Utilities  
  • Legal Documents  Condition report on file
  • Miscellaneous  Close to bus line, Fenced yard, Shared laundry, Water Softener Owned



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Mhb Real Estate