MLS Public Remarks Investors: Secure a prime multi-unit property in downtown Madison with an extraordinarily attractive GRM below 9x! Featuring two units, with hardwood flooring in one and brand new high quality LVP in other; contemporary updates to bathrooms and kitchens, complemented by stainless steel appliances. Benefit from a shared spacious basement, equipped with W/D and generous storage. Additionally, two exterior parking spots are at your disposal. This multifamily gem not only boasts a lucrative in-place income stream, but also has possibilities for an owner-occupant scenario. Capitalize on this unique opportunity to invest in Madison's rich history and immerse in the pulse of city center living. Don't let this slip by!
Location City
Other Marketing Area
Mailing City Madison
C/T/V City
Unit #
Directions E Johnson To N Blair
Number of Units 2
Year Built 1907
# Furnaces 1
Heating Type ForcAir
Heating Fuel Nat Gas
# Water Heaters 1
# Water Softeners 1
# Stoves 2
# Refrigerators 2
# Dish Washers 2
# Washers 1
# Dryers 1
# Units w/AC 0
Number of Efficiencies 0
Number of 1 Bedrooms 0
Number of 2 Bedrooms 0
Number of 3+ Bedrooms 2
Total Income 0
Total Expenses 0
Net Operating Inc 0
Year
School District Madison
High School East
Middle OKeeffe
Elementary Lapham/Marquette
Land Assessment $85,300
Improvements $334,300
Total Assessment $419,600
Net Taxes $7,614
Assessment Year 2023
Tax Year 2022
Owner
Zoning TR-V1
Subdivision
Name of Lake/River
Est. Total Acres 0.05
Source for Est. Total Acres PubR
Unit 1 Dishwasher, Range/oven, Refrigerator, Wood or sim. wood floor
Unit 2 Dishwasher, Range/oven, Refrigerator, Wood or sim. wood floor
Unit 3
Unit 4
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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 |
3 |
1 |
0 |
08/14/2024 |
$3000 |
1,068 |
1 Space |
Yes |
Yes |
Yes |
2 |
3 |
1 |
0 |
12/31/2023 |
$3500 |
1,068 |
1 Space |
Yes |
Yes |
Yes |
3 |
0 |
0 |
0 |
- |
$0 |
0 |
- |
- |
- |
- |
4 |
0 |
0 |
0 |
- |
$0 |
0 |
- |
- |
- |
- |
Items Included 2 refrigerators, 2 stoves, 1 water softener, 1 washing machine, 1 dryer, 2 dishwashers
Items Excluded Seller and tenants personal property
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full
Type 2 story
Parking per Unit 2 spaces, Outside
Barrier-free Features
Exterior Other
Waterfront
Terms
Utilities
Legal Documents Lease(s) on file
Miscellaneous Close to bus line, Shared laundry, Water Softener Owned
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Exp Realty, Llc