Contact Bunbury at 1-877-233-7356 or
[email protected] for more information about this property.

 Property Type Multi Family
 Parcel # 071007310263
 County Dane
 Sub Area E01
 Municipality Madison
 MLS# 1953002
 Listing Date 04/05/2023

MLS Public Remarks  PRICE ADJUSTMENT TO ONLY $997K!!!! Your lakefront property awaits you! This incredibly well cared for 3 unit property is, not only, located in one of the most highly desired neighborhoods in Madison...it's also ON LAKE MONONA!!! This, owner managed, property has been in the same owners for 32 years! Unit 1 is a large, main level, 3 bedroom. Unit 2 is a large 2nd & 3rd floor 1 bedroom+den. Unit 3 is a well laid out, 2nd floor, 1 bedroom apartment. There is a huge, unfinished, walk out basement. Incredible water views from two sunrooms, two living rooms, one den, one bedroom and a large outdoor deck in back. Walkable to the capitol square, Williamson Street restaurants/shops/grocery, bike paths & much more! All current leases can be cancelled by landlord with 90 days Notice.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Left On Rutledge Ct
  • BUILDING INFO  
  • Number of Units  3
  • Year Built  1914
  • # Furnaces  1
  • Heating Type  Rad Elec
  • Heating Fuel  Nat Gas
  • # Water Heaters  3
  • # Water Softeners  1
  • # Stoves  3
  • # Refrigerators  3
  • # Dish Washers  2
  • # Washers  1
  • # Dryers  1
  • # Units w/AC  0
  • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  2
  • Number of 2 Bedrooms  0
  • Number of 3+ Bedrooms  1
  • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  
  • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  East
  • Middle  OKeeffe
  • Elementary  Lapham/Marquette
  • Land Assessment  $413,500
  • Improvements  $368,800
  • Total Assessment  $782,300
  • Net Taxes  $13,756
  • Assessment Year  2023
  • Tax Year  2022
  • Owner  
  • LOT DESCRIPTION  
  • Zoning  TR-V1
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.12
  • Source for Est. Total Acres  PubR
  • UNIT INFORMATION  
  • Unit 1  
  • Unit 2  
  • 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 3 1 0 8/14/2024 $2790 1,577 Street No Yes Yes
    2 1 1 0 8/14/2024 $1950 1,250 Street No Yes Yes
    3 1 1 0 8/14/2024 $1450 502 Street No Yes Yes
    4 0 0 0 - $0 0 - - - -
    Items Included 3 Refrigerators, 3 Oven/Stoves, 2 Dishwashers, 3 Water Heaters, 1 Water Softener, 1 Washer, 1 Dryer, 1 Pier
    Items Excluded  Seller's and Tenant's personal property
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full
  • EXTERIOR FEATURES  
  • Type   3 story, Apartment building
  • Parking per Unit  None
  • Barrier-free Features  
  • Exterior  Other
  • Waterfront  Has actual water frontage, Lake
  • Terms  
  • OTHER FEATURES  
  • Utilities  Sep elec meters each unit
  • Legal Documents  Condition report on file, Joint driveway agreement, Lease(s) on file
  • Miscellaneous  



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of The Hub Realty