Contact Bunbury at 1-877-233-7356 or
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 Property Type Multi Family
 Parcel # 070932420197
 County Dane
 Sub Area W10
 Municipality Madison
 MLS# 1958948
 Listing Date 06/29/2023
 Sold Price $583,000
 Close Date 08/30/2023 12:00 AM

MLS Public Remarks  This turn key 4 unit includes two large 2 bedroom apartments and two well laid out studio apartments. This, near west, property is located across the street from the Southern Arboretum Trails and is centrally located with easy access to both the east and west side of town. Unit 1 will be available for an owner occupant or to find a new tenant with new rents beginning August 1! Unit 1 (2bd) - $1,330 through 7/31/23, Unit 2 (2bd) - $1,320 through 7/31/24, Unit 3 (studio) - $825 through 9/30/23, Unit 4 (studio) - $955 through 11/30/23. Separate, tenant paid, gas/electric and A/C in every apartment!
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Left On Lumley Rd
  • BUILDING INFO  
  • Number of Units  4
  • Year Built  1955
  • # Furnaces  4
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  3
  • # Water Softeners  1
  • # Stoves  4
  • # Refrigerators  4
  • # Dish Washers  2
  • # Washers  2
  • # Dryers  2
  • # Units w/AC  4
  • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  2
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  2
  • 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  West
  • Middle  Cherokee
  • Elementary  Thoreau
  • Land Assessment  $110,000
  • Improvements  $315,000
  • Total Assessment  $425,000
  • Net Taxes  $8,337
  • Assessment Year  2023
  • Tax Year  2022
  • Owner  
  • LOT DESCRIPTION  
  • Zoning  SR-V1
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.23
  • Source for Est. Total Acres  PubR
  • UNIT INFORMATION  
  • Unit 1  Air conditioning, Dishwasher, Eat-in kitchen, Family/Rec. room, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc, Shared Basement, Washer/dryer, Wood or sim. wood floor
  • Unit 2  Air conditioning, Dishwasher, Eat-in kitchen, Family/Rec. room, Range/oven, Refrigerator, Separate Storage Unit Inc, Shared Basement, Washer/dryer, Wood or sim. wood floor
  • 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 0 7/31/2023 $1330 937 2 Space No No Yes
    2 2 1 0 7/31/2024 $1320 1,005 2 Space No No Yes
    3 0 1 0 9/30/2023 $825 338 1 Space No No Yes
    4 0 1 0 11/30/2023 $955 409 1 Space No No Yes
    Items Included 4 refrigerators, 4 oven/stoves, 2 dishwashers, 4 microwaves, 3 water heaters, 2 furnaces, 2 A/C's, 2 wall mounted A/C's, 2 wall mounted radiant heaters, 2 coin operated washers, 2 coin operated dryers, 1 water softener
    Items Excluded  Tenant's personal property
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Poured Concrete Foundation
  • EXTERIOR FEATURES  
  • Type   2 story, Apartment building
  • Parking per Unit  Carport, Outside
  • Barrier-free Features  
  • Exterior  Brick, Wood
  • Waterfront  
  • Terms  
  • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  Condition report on file, Lease(s) on file
  • Miscellaneous  



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of The Hub Realty