MLS Public Remarks This 4-unit building in Monona is a well-maintained property, recently updated with a new roof and efficient mechanical systems. It offers practical living spaces with individual storage for each tenant, along with a shared washer and dryer facility, catering to everyday needs. Situated in a desirable location, the property is conveniently close to Monona's various amenities, including shops, restaurants, and entertainment options. This makes it an attractive option for tenants seeking both comfort and convenience. The building represents a stable investment in a sought-after area, ideal for investors looking for a property with consistent appeal and potential for steady rental income.
Location City
Other Marketing Area
Mailing City Madison
C/T/V City
Unit #
Directions Follow I-90 E To W Broadway/South Towne Dr In Monona. Take Exit 264 From Us-12 W/Us-18. Continue On W Broadway. Drive To Lake Point Dr In Madison
Number of Units 4
Year Built 1958
# Furnaces 0
Heating Type Rad Elec
Heating Fuel Nat Gas
# Water Heaters 4
# Water Softeners 1
# Stoves 4
# Refrigerators 4
# Dish Washers 0
# Washers 1
# Dryers 1
# Units w/AC 0
Number of Efficiencies 1
Number of 1 Bedrooms 0
Number of 2 Bedrooms 4
Number of 3+ Bedrooms 0
Total Income 0
Total Expenses 0
Net Operating Inc 0
Year 2023
School District Madison
High School Call School District
Middle Call School District
Elementary Call School District
Land Assessment $61,000
Improvements $324,000
Total Assessment $385,000
Net Taxes $6,870
Assessment Year 2023
Tax Year 2022
Owner
Zoning TR-V1
Subdivision
Name of Lake/River
Est. Total Acres 0.23
Source for Est. Total Acres PubR
Unit 1 Separate Storage Unit Inc, Shared Basement
Unit 2 Separate Storage Unit Inc, Shared Basement
Unit 3 Separate Storage Unit Inc, Shared Basement
Unit 4 Separate Storage Unit Inc, Shared Basement
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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 |
2 |
1 |
0 |
2/29/2024 |
$1189 |
900 |
1 Space |
No |
No |
No |
2 |
2 |
1 |
0 |
6/30/2024 |
$1115 |
900 |
1 Space |
No |
No |
No |
3 |
2 |
1 |
0 |
9/30/2024 |
$1080 |
900 |
1 Space |
- |
- |
- |
4 |
2 |
1 |
0 |
3/30/2024 |
$1219 |
900 |
1 Space |
- |
- |
- |
Items Included 4 Refrigerators, 4 Range/Ovens, 1 Washer/Dryer
Items Excluded Seller and Tenant Personal Property
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full, Poured Concrete Foundation
Type Apartment building
Parking per Unit Outside
Barrier-free Features
Exterior Brick, Vinyl
Waterfront
Terms
Utilities Sep elec meters each unit
Legal Documents Condition report on file, Lease(s) on file
Miscellaneous
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Exp Realty, Llc