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801 & 817 Jana Lane,  Madison,  WI  53704 $2,960,000 Sold
801 & 817 Jana Lane,  Madison,  WI  53704
$2,960,000
Sold
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 Property Type Multi Family
 Parcel # 0810-343-1011-0
 County Dane
 Sub Area E08
 Municipality Madison
 MLS# 1957625
 Listing Date 06/09/2023
 Sold Price $2,882,000
 Close Date 09/22/2023 12:00 AM

MLS Public Remarks  Two 8-unit buildings side by side with 16 large townhouse style units. Each townhouse offers 2-bedroom, 1.5-bath, about 1275 SqFt of living space, plus a nice sized 1-car attached garage. You'll find a small balcony off of the kitchen and off of the primary bedroom. Along with the 1-car garage and street parking, this property also offers off-street parking. Tenant pays all utilities. Leases are currently much lower than market value. Seller is not interested in seller financing.
Documents and Related Links  
1) 801-831 Jana - Rent Roll
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  N Thompson To Jana Lane
    • BUILDING INFO  
  • Number of Units  16
  • Year Built  1994
  • # Furnaces  16
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  16
  • # Water Softeners  16
  • # Stoves  16
  • # Refrigerators  16
  • # Dish Washers  16
  • # Washers  0
  • # Dryers  0
  • # Units w/AC  16
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  16
  • 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  Lafollette
  • Middle  Whitehorse
  • Elementary  Schenk
  • Land Assessment  $176,000
  • Improvements  $2,732,000
  • Total Assessment  $2,908,000
  • Net Taxes  $54,183
  • Assessment Year  2023
  • Tax Year  2022
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  G2
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  1.2
  • 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 2 1 1 02/28/24 $940 1,275 1 Car Garage No No No
    2 2 1 1 08/31/24 $1400 1,275 1 Car Garage No No No
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Poured Concrete Foundation
    • EXTERIOR FEATURES  
  • Type   2 story, Apartment building, Townhouse style units
  • Parking per Unit  1 Car garage, 1 space, Attached, Opener inc
  • Barrier-free Features  
  • Exterior  Brick, Stucco
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit, Separate water meters
  • Legal Documents  Lease(s) on file
  • Miscellaneous  Close to bus line, Water Softener Owned



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Investment Realty Services Llc