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 Property Type Multi Family
 Parcel # 0609-032-0720-2
 County Dane
 Sub Area W18
 Municipality Madison
 MLS# 1962092
 Listing Date 08/16/2023
 Sold Price $1,012,500
 Close Date 10/18/2023 12:00 AM

MLS Public Remarks  Very Well maintained 8 unit slab on grade apartment building. Two 1 bedroom units and six 2 bedroom units. First time on market. Recent updates include Roof in 2007, Siding 2022, Water Heater 2017, Water Softener 2018, All Zone Valves 2014, Parking lot 2014, and sealed in 2023. New Coin Op Washers and Dryers 2016. Rents are below current market rates.
Documents and Related Links  
1) 1 Bed floorplan
2) 2 Bed floorplan
3) Addendum R
4) Seller Disclosure
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Fish Hatchery Rd To West On Post Road To North On Turbot Drive To East On Sunfish Ct. No Sign Present. Address (65) Visible On Side Of Building.
  • BUILDING INFO  
  • Number of Units  8
  • Year Built  1985
  • # Furnaces  1
  • Heating Type  Rad Elec
  • Heating Fuel  Nat Gas
  • # Water Heaters  1
  • # Water Softeners  1
  • # Stoves  8
  • # Refrigerators  8
  • # Dish Washers  8
  • # Washers  2
  • # Dryers  2
  • # Units w/AC  8
  • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  2
  • Number of 2 Bedrooms  6
  • Number of 3+ Bedrooms  0
  • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  31029
  • Year  2022
  • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  West
  • Middle  Cherokee
  • Elementary  Leopold
  • Land Assessment  $88,000
  • Improvements  $852,000
  • Total Assessment  $940,000
  • Net Taxes  $15,768
  • Assessment Year  2023
  • Tax Year  2022
  • Owner  
  • LOT DESCRIPTION  
  • Zoning  Multi
  • Subdivision  Bowman Heights
  • Name of Lake/River  
  • Est. Total Acres  0.61
  • Source for Est. Total Acres  PubR
  • UNIT INFORMATION  
  • Unit 1  Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Individual heat control, Range/oven, Refrigerator
  • Unit 2  Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Individual heat control, Range/oven, Refrigerator
  • Unit 3  Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Individual heat control, Range/oven, Refrigerator
  • Unit 4  Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Individual heat control, Range/oven, Refrigerator
  • 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 02/29/2024 $865 848 2 Space No Yes Yes
    2 1 1 0 08/31/2023 $825 848 2 Space No Yes Yes
    3 2 1 0 Mo to Mo $925 901 2 Space No Yes Yes
    4 2 1 0 Mo to Mo $900 901 2 Space No Yes Yes
    Items Included Building fixtures to include 8 Refrigerators, 8 Stoves, 8 A/C, Water Softener, 2 Washing Machines, 2 Dryers, 8 Dishwashers.
    Items Excluded  Sellers and tenants personal property.
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  None
  • EXTERIOR FEATURES  
  • Type   Apartment building
  • Parking per Unit  2 spaces, Outside
  • Barrier-free Features  Level lot, Open floor plan
  • Exterior  Aluminum/Steel, Brick, Vinyl
  • Waterfront  
  • Terms  
  • OTHER FEATURES  
  • Utilities  Sep elec meters each unit
  • Legal Documents  Condition report on file, Income/Exp Report Avail, Lease(s) on file
  • Miscellaneous  Close to bus line, Internet - Cable, Shared laundry, Water Softener Owned



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Howard And Williams, Inc.