MLS Public Remarks Stunning Investment Opportunity in Madison located in the desirable Atwood neighborhood of Madison, WI. This incredible 2-flat property is now available for sale, offering a fantastic investment opportunity. Unit #1 is a charming 1-bedroom, 1-bath apartment spanning 986 sqft & is currently leased out at $1,450/mo. Unit #2 is a spacious 4-bedroom, 1-bath apartment boasting 1,382 sqft & is leased out at $2,055/mo. Both units are leased until 7/31/2024. Located near the vibrant intersection of Hudson Ave and Center Ave, this property enjoys an unbeatable location with just a short walk away you'll find the serene Lake Monona and a wide array of local restaurants offering delicious cuisines.
Location City
Other Marketing Area
Mailing City Madison
C/T/V City
Unit #
Directions Atwood Ave., To Hudson Ave., To Center Ave
Number of Units 2
Year Built 1908
# Furnaces 1
Heating Type ForcAir
Heating Fuel Nat Gas
# Water Heaters 1
# Water Softeners 1
# Stoves 2
# Refrigerators 2
# Dish Washers 0
# Washers 1
# Dryers 1
# Units w/AC 0
Number of Efficiencies 0
Number of 1 Bedrooms 1
Number of 2 Bedrooms 0
Number of 3+ Bedrooms 1
Total Income 0
Total Expenses 0
Net Operating Inc 0
Year
School District Madison
High School East
Middle OKeeffe
Elementary Lowell
Land Assessment $132,900
Improvements $356,900
Total Assessment $489,800
Net Taxes $8,902
Assessment Year 2023
Tax Year 2022
Owner
Zoning TR-V1
Subdivision
Name of Lake/River
Est. Total Acres 0.11
Source for Est. Total Acres PubR
Unit 1 Dining room, Family/Rec. room, Range/oven, Refrigerator
Unit 2 Dining room, Family/Rec. room, Range/oven, Refrigerator
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 |
1 |
1 |
0 |
7/31/2024 |
$1450 |
986 |
Street |
Yes |
Yes |
Yes |
2 |
4 |
1 |
0 |
7/31/2024 |
$2055 |
1,382 |
Street |
Yes |
Yes |
Yes |
3 |
0 |
0 |
0 |
- |
$0 |
0 |
- |
- |
- |
- |
4 |
0 |
0 |
0 |
- |
$0 |
0 |
- |
- |
- |
- |
Items Included 2 stoves, 2 refrigerators, furnace, water heater, washer/dryer.
Items Excluded tenant/sellers personal property
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full
Type 2 flat, 2 story, Apartment building
Parking per Unit None
Barrier-free Features
Exterior Aluminum/Steel, Vinyl
Waterfront
Terms
Utilities
Legal Documents Income/Exp Report Avail
Miscellaneous Close to bus line, Internet - Cable, Shared laundry
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Madison Property Management, Inc.