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 Property Type Multi Family
 Parcel # 060803102099
 County Dane
 Sub Area W08
 Municipality Madison
 MLS# 1971014
 Listing Date 02/12/2024
 Sold Price $721,000
 Close Date 04/15/2024 12:00 AM

MLS Public Remarks  Fantastic opportunity to own a well-maintained, 2-family duplex home in West Madison's Mid Town Commons neighborhood, close to beautiful parks and University Ridge Golf Course. Excellent income opportunity granting you the ability to rent out both sides or live in one and rent the other. Unit 2320 is currently vacant and the lease for 2322 expires 8/31/24. The combined market rent each month is $4,860, $2,430 each. Each unit features a fantastic open layout with a great room and an additional family room, 1,837 sqft, a 2-car attached garage, and a multi-level deck. Unparalleled opportunity!
Documents and Related Links  
1) RECR
2) CCR
* 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  55260
  • Year  2023
  • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  Memorial
  • Middle  Jefferson
  • Elementary  Stephens
  • Land Assessment  $160,000
  • Improvements  $390,700
  • Total Assessment  $550,700
  • Net Taxes  $9,978
  • Assessment Year  2023
  • Tax Year  2023
  • Owner  
  • LOT DESCRIPTION  
  • Zoning  SR-C3
  • Subdivision  Mid Town Commons
  • Name of Lake/River  
  • Est. Total Acres  0.28
  • 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, Pantry, Private Basement, Range/oven, Refrigerator, Vaulted ceiling(s), Washer/dryer, Wood or sim. wood floor
  • Unit 2  Air conditioning, Balcony/patio, Dishwasher, Eat-in kitchen, Family/Rec. room, Fireplace, In-unit laundry, Individual heat control, Master bedroom bath, Pantry, Private Basement, Range/oven, Refrigerator, Vaulted ceiling(s), Washer/dryer, Wood or sim. wood floor
  • 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 2 0 N/A $0 2,297 2 Car Garage No No No
    2 3 2 0 8/31/24 $2430 2,297 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  Energy Star Appliance(s)
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Partial, Partially finished, Poured Concrete Foundation, Sump pump
  • EXTERIOR FEATURES  
  • Type   1 1/2 story, Duplex, Townhouse style units
  • Parking per Unit  2 Car garage, 2 spaces, Attached, Opener inc
  • Barrier-free Features  Open floor plan
  • Exterior  Brick, Vinyl
  • Waterfront  
  • Terms  
  • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit, Separate water meters
  • Legal Documents  Certificate of occupancy, Condition report on file, Lease(s) on file, Weatherizations cert.
  • 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