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2314-2316 Talc Trail,  Madison,  WI  53719 $700,000 Sold
2314-2316 Talc Trail,  Madison,  WI  53719
$700,000
Sold
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 Property Type Multi Family
 Parcel # 0608-031-0208-1
 County Dane
 Sub Area W08
 Municipality Madison
 MLS# 1969347
 Listing Date 01/08/2024
 Sold Price $700,000
 Close Date 04/01/2024 12:00 AM

MLS Public Remarks  Showings begin 1/18. Rare opportunity to own a fantastic 2-family duplex home in West Madison's Stone Crest Estates neighborhood, close to gorgeous parks and with serene views of green space. This excellent income opportunity allows you to rent out both sides or live in one and rent the other. Unit 2314 is currently vacant and the lease for unit 2316 is up 5/31/24. Market rental rate for each unit is $2,590, grossing $5,180 per month. Each unit features a fantastic open layout with vaulted ceilings, 3 bedrooms and 3 full baths, finished lower levels with a rec room, and 2-car, attached garage. The 2 bedrooms on the upper level in each unit both have their own full ensuite bath. Unparalleled location and opportunity!
Documents and Related Links  
1) Seller Improvements
2) RECR + EM Agreement
3) Talc CCRs
* 1 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Hwy M To East On Flagstone To North On Talc
    • BUILDING INFO  
  • Number of Units  2
  • Year Built  2002
  • # Furnaces  2
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  2
  • # Stoves  2
  • # Refrigerators  2
  • # Dish Washers  2
  • # Washers  2
  • # Dryers  2
  • # Units w/AC  2
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  0
  • Number of 3+ Bedrooms  2
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  2023
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  Memorial
  • Middle  Toki
  • Elementary  Olson
  • Land Assessment  $160,000
  • Improvements  $408,900
  • Total Assessment  $568,900
  • Net Taxes  $10,310
  • Assessment Year  2023
  • Tax Year  2023
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  SR-C3
  • Subdivision  Stone Crest Estates
  • Name of Lake/River  
  • Est. Total Acres  0.27
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Family/Rec. room, Fireplace, In-unit laundry, Individual heat control, Master bedroom bath, Private Basement, Range/oven, Refrigerator, Vaulted ceiling(s), Washer/dryer
  • Unit 2  Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Family/Rec. room, Fireplace, In-unit laundry, Individual heat control, Master bedroom bath, Private Basement, Range/oven, Refrigerator, Vaulted ceiling(s), Washer/dryer
  • 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 3 3 1 NA $2590 2,382 2 Car Garage No No No
    2 3 3 1 5/31/24 $2590 2,382 2 Car Garage No No No
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included 2 Range/Ovens, 2 Microwaves, 2 Dishwashers, 2 Refrigerators, 2 Disposals, 2 Washers, 2 Dryers, 2 Water Softeners, All Window Coverings, 2 Sump Pumps
    Items Excluded 
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Partially finished
    • EXTERIOR FEATURES  
  • Type   2 story, Duplex
  • Parking per Unit  2 Car garage, Attached
  • Barrier-free Features  Open floor plan
  • Exterior  Aluminum/Steel, Vinyl
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  
  • Legal Documents  Condition report on file
  • Miscellaneous  Close to bus line, Internet - Cable, Internet- Fiber available, Water Softener Owned



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Real Broker Llc