Property Type Multi Family
 Parcel # 0810-312-2712-8
 County Dane
 Sub Area E04
 Municipality Madison
 MLS# 1948317
 Listing Date 12/30/2022
 Sold Price $355,000
 Close Date 02/10/2023 12:00 AM

MLS Public Remarks  Unique 3-Unit investment property for sale near Northside Madison. This home has been with the owner(s) since it was built. A custom well-built home, the exterior walls are constructed of 8" thick cedar timbers. The owner just moved out of the lower unit, so bring your ideas for a refresh or remodel. Rents are very low for the neighborhood. With a bit of work, the property has a lot of potential to cashflow very well.
Documents and Related Links  
1) Real Estate Condition Report
2) Main Floor Plan
3) Lower Floor Plan
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Sherman Ave North, Just Past Aberg Ave. Turn Right On Boyd. Home Is Two Blocks On The Right.
  • BUILDING INFO  
  • Number of Units  3
  • Year Built  1962
  • # Furnaces  1
  • Heating Type  Rad Elec
  • Heating Fuel  Nat Gas
  • # Water Heaters  3
  • # Water Softeners  1
  • # Stoves  3
  • # Refrigerators  3
  • # Dish Washers  0
  • # Washers  0
  • # Dryers  0
  • # Units w/AC  0
  • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  1
  • Number of 2 Bedrooms  2
  • Number of 3+ Bedrooms  0
  • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  2022
  • Year  0
  • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  East
  • Middle  Sherman
  • Elementary  Emerson
  • Land Assessment  $73,800
  • Improvements  $255,200
  • Total Assessment  $329,000
  • Net Taxes  $6,345
  • Assessment Year  2022
  • Tax Year  2021
  • Owner  
  • LOT DESCRIPTION  
  • Zoning  TR-V1
  • Subdivision  1st Addtn Clyde A. Gallagher'S Sherman
  • Name of Lake/River  
  • Est. Total Acres  0.22
  • Source for Est. Total Acres  PubR
  • UNIT INFORMATION  
  • Unit 1  Family/Rec. room, Range/oven, Refrigerator, Separate Storage Unit Inc, Shared Basement, Vaulted ceiling(s)
  • Unit 2  Family/Rec. room, Range/oven, Refrigerator, Separate Storage Unit Inc, Shared Basement, Vaulted ceiling(s)
  • Unit 3  
  • Unit 4  Family/Rec. room, Range/oven, Refrigerator, Separate Storage Unit Inc, Shared Basement, Vaulted ceiling(s)
  • 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 monthly $900 850 1 Space No Yes Yes
    2 2 1 0 monthly $900 850 1 Space No Yes Yes
    3 1 1 0 N/A $0 850 1 Space No Yes Yes
    4 0 0 0 - $0 0 - - - -
    Items Included 
    Items Excluded  Seller's & Tenant's personal property.
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full Size Windows/Exposed, Partially finished, Poured Concrete Foundation
  • EXTERIOR FEATURES  
  • Type   Duplex
  • Parking per Unit  Outside
  • Barrier-free Features  
  • Exterior  Wood
  • Waterfront  
  • Terms  
  • OTHER FEATURES  
  • Utilities  Sep elec meters each unit
  • Legal Documents  
  • Miscellaneous  



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of First Weber Inc