MLS Public Remarks Investors dream! Excellent opportunity and upside in this well maintained symmetrical 4-unit building. Currently under-rented with market rents of $1,300+/unit. Tenants pay electric (heat). 4-units all 2 bdrm/2 full bath with 1,100 sq/ft, private balcony/patio and private garages! Extremely well maintained over the years with many recent updates including new roof (2022), all new auto-garage doors, unit 3 full gut rehab, paint, carpet. Coin-op W/D for extra income. Upper level units feature cathedral ceilings. Close to schools, parks, bike trails, shopping and bus line. Professionally managed. Leases and financials on file/available upon request. Unit 1 lease end 08/31/23 and available for owner occupancy. Please do not trespass on property or disturb tenants without a scheduled showing.
| * 1 Documents Not Available via MLS |
Location City
Other Marketing Area
Mailing City Madison
C/T/V City
Unit #
Directions Beltline To S On Gammon To E On Jacobs Way
Number of Units 4
Year Built 1986
# Furnaces 0
Heating Type Rad Elec
Heating Fuel Elec
# Water Heaters 4
# Water Softeners 1
# Stoves 4
# Refrigerators 4
# Dish Washers 4
# Washers 1
# Dryers 1
# Units w/AC 4
Number of Efficiencies 0
Number of 1 Bedrooms 0
Number of 2 Bedrooms 4
Number of 3+ Bedrooms 0
Total Income 0
Total Expenses 0
Net Operating Inc 0
Year
School District Madison
High School Memorial
Middle Toki
Elementary Anana
Land Assessment $85,000
Improvements $367,000
Total Assessment $452,000
Net Taxes $8,872
Assessment Year 2022
Tax Year 2022
Owner
Zoning SR-V1
Subdivision
Name of Lake/River
Est. Total Acres 0.32
Source for Est. Total Acres PubR
Unit 1 Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Family/Rec. room, Individual heat control, Range/oven, Refrigerator
Unit 2 Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Family/Rec. room, Individual heat control, Range/oven, Refrigerator
Unit 3 Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Family/Rec. room, Individual heat control, Range/oven, Refrigerator
Unit 4 Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Family/Rec. room, Individual heat control, Range/oven, Refrigerator
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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 |
2 |
0 |
08/31/2023 |
$1050 |
1,100 |
1 Car Garage |
No |
No |
Yes |
| 2 |
2 |
2 |
0 |
07/31/2023 |
$865 |
1,100 |
1 Car Garage |
No |
No |
Yes |
| 3 |
2 |
2 |
0 |
04/30/2024 |
$1265 |
1,100 |
1 Car Garage |
No |
No |
Yes |
| 4 |
2 |
2 |
0 |
07/31/2023 |
$1150 |
1,100 |
1 Car Garage |
No |
No |
Yes |
Items Included Range/Oven x4, Refrigerator x4, Dishwasher x4, Wall A/C units 4, Washer x1, Dryer x1.
Items Excluded Tenant's personal items.
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full
Type 2 story, Apartment building
Parking per Unit 1 Car garage, Detached, Opener inc
Barrier-free Features
Exterior Aluminum/Steel, Wood
Waterfront
Terms Exchange
Utilities Sep elec meters each unit
Legal Documents Condition report on file, Joint driveway agreement, Lease(s) on file
Miscellaneous Close to bus line, Security system, Shared laundry, Water Softener Owned
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Real Broker Llc
