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 City
Other Marketing Area
Mailing City Madison
C/T/V City
Unit #
Directions Left On Rutledge Ct
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
Number of Efficiencies 0
Number of 1 Bedrooms 2
Number of 2 Bedrooms 0
Number of 3+ Bedrooms 1
Total Income 0
Total Expenses 0
Net Operating Inc 0
Year
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
Zoning TR-V1
Subdivision
Name of Lake/River
Est. Total Acres 0.12
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 |
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
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full
Type 3 story, Apartment building
Parking per Unit None
Barrier-free Features
Exterior Other
Waterfront Has actual water frontage, Lake
Terms
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