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JoAnna Benitez
Mobile: (608) 576-1001
Work: (608) 441-7777
[email protected]

2101 Lake Point Drive,  Madison,  WI  53713 $575,000 Sold
2101 Lake Point Drive,  Madison,  WI  53713
$575,000
Sold
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 Property Type Multi Family
 Parcel # 0710-194-0914-5
 County Dane
 Sub Area E15
 Municipality Madison
 MLS# 1969566
 Listing Date 01/08/2024
 Sold Price $595,000
 Close Date 04/05/2024 12:00 AM

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.
Documents and Related Links  
1) RECR
2) Additional Info
3) Aerial Maps
* 1 Documents Not Available via MLS
LOCATION  
  • 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
    • BUILDING INFO  
  • 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
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  1
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  4
  • Number of 3+ Bedrooms  0
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  2023
    • ASSESSMENT/SCHOOLS   
  • 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  
    • LOT DESCRIPTION  
  • Zoning  TR-V1
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.23
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • 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
    • 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
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Poured Concrete Foundation
    • EXTERIOR FEATURES  
  • Type   Apartment building
  • Parking per Unit  Outside
  • Barrier-free Features  
  • Exterior  Brick, Vinyl
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • 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