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1950 E Main St,  Madison,  WI  53704 $325,000 Sold
1950 E Main St,  Madison,  WI  53704
$325,000
Sold
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 Property Type Multi Family
 Parcel # 071006312335
 County Dane
 Sub Area E05
 Municipality Madison
 MLS# 1954102
 Listing Date 04/18/2023
 Sold Price $350,000
 Close Date 06/13/2023 12:00 AM

MLS Public Remarks  Superb location close to Atwood Commercial district. No offers will be considered prior to Noon on Wednesday, May 3. Unit #2 is rented at below market rate. Stated income represents new leases beginning 8/15/23. Each tenants will pay $25/mo towards water bill. Also, there is a $15/cat or $25/2 cats monthly charge if applicable. Unit sq ft is based upon City Assessor data for each level, not each unit per se. Buyer to verify if necessary.
Documents and Related Links  
1) Condition Report
2) Add S Lead Based Paint
3) Financials
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  E. Washington Ave. To South On 1st Street To E. Main St.
    • BUILDING INFO  
  • Number of Units  2
  • Year Built  1909
  • # Furnaces  2
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  1
  • # Stoves  2
  • # Refrigerators  2
  • # 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  0
    • 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  $72,100
  • Improvements  $215,100
  • Total Assessment  $287,200
  • Net Taxes  $5,184
  • 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  Air conditioning, Dishwasher, Range/oven, Refrigerator, Washer/dryer
  • Unit 2  Air conditioning, Dishwasher, Range/oven, Refrigerator, Washer/dryer
  • 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 1 1 0 8/14/24 $1215 740 1 Space No No Yes
    2 1 1 0 8/14/24 $975 720 None No No Yes
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included 2 refrigerators, 2 oven/ranges, water softener.
    Items Excluded 
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full
    • EXTERIOR FEATURES  
  • Type   2 flat
  • Parking per Unit  1 Car garage, Detached
  • Barrier-free Features  
  • Exterior  Wood
  • Waterfront  
  • Terms  Exchange
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  Lease(s) on file
  • Miscellaneous  Close to bus line, Water Softener Owned



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Stark Company, Realtors