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.
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.
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
Number of Efficiencies 0
Number of 1 Bedrooms 1
Number of 2 Bedrooms 2
Number of 3+ Bedrooms 0
Total Income 0
Total Expenses 0
Net Operating Inc 2022
Year 0
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
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 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)
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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 |
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.
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full Size Windows/Exposed, Partially finished, Poured Concrete Foundation
Type Duplex
Parking per Unit Outside
Barrier-free Features
Exterior Wood
Waterfront
Terms
Utilities Sep elec meters each unit
Legal Documents
Miscellaneous
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of First Weber Inc