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 Property Type Multi Family
 Parcel # 0710-032-1609-3
 County Dane
 Sub Area E11
 Municipality Madison
 MLS# 1971228
 Listing Date 02/15/2024
 Sold Price $625,894
 Close Date 04/22/2024 12:00 AM

MLS Public Remarks  Ready to add a great Eastside 4 Unit in your real estate portfolio! Located on a cul du sac, this spacious 2 bdrm units with 1 bath & 1 car attached garage. Coin-op laundry provides additional income. Many updates! Rental history is stable & strong. Currently professionally managed. Close to busline, Hwy 90/94 & new city planned bike path. Tenants pay for electricity, heat & hot water.
Documents and Related Links  
1) RECR
2) Amendment to RECR
3) Updates
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Hwy 30 To R On N Thompson Dr, R On Swanton, R On Stein, R On Sinykin
  • BUILDING INFO  
  • Number of Units  4
  • Year Built  1988
  • # Furnaces  4
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  5
  • # Water Softeners  1
  • # Stoves  4
  • # Refrigerators  4
  • # Dish Washers  4
  • # Washers  1
  • # Dryers  1
  • # Units w/AC  4
  • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  4
  • Number of 3+ Bedrooms  0
  • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  46789
  • Net Operating Inc  8270
  • Year  2023
  • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  Lafollette
  • Middle  Whitehorse
  • Elementary  Schenk
  • Land Assessment  $108,000
  • Improvements  $482,000
  • Total Assessment  $590,000
  • Net Taxes  $10,696
  • Assessment Year  2023
  • Tax Year  2023
  • Owner  
  • LOT DESCRIPTION  
  • Zoning  R4
  • Subdivision  Swanton Acres
  • Name of Lake/River  
  • Est. Total Acres  0.35
  • Source for Est. Total Acres  PubR
  • UNIT INFORMATION  
  • Unit 1  Air conditioning, Balcony/patio, Dining room, Dishwasher, Eat-in kitchen, Range/oven, Refrigerator
  • Unit 2  Air conditioning, Balcony/patio, Dining room, Dishwasher, Eat-in kitchen, Range/oven, Refrigerator
  • Unit 3  Air conditioning, Balcony/patio, Dining room, Dishwasher, Eat-in kitchen, Range/oven, Refrigerator
  • Unit 4  Air conditioning, Balcony/patio, Dining room, Dishwasher, Eat-in kitchen, Range/oven, Refrigerator
  • 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 11/30/2024 $1150 1,125 1 Car Garage No No Yes
    2 2 1 0 9/30/2024 $1145 1,125 1 Car Garage No No Yes
    3 2 1 0 8/31/2024 $1295 1,125 1 Car Garage No No Yes
    4 2 1 0 7/31/2024 $1295 1,125 1 Car Garage No No Yes
    Items Included Included: 4 range/ovens, 4 refrigerators, 4 dishwashers, 4 Magic Packs which include the furnace & A/C for each unit, 5 water heaters, 1 water softener, 4 garage door openers, outdoor shed, 1 washer, 1 dryer
    Items Excluded  Seller's and Tenant's personal property
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  None
  • EXTERIOR FEATURES  
  • Type   Apartment building
  • Parking per Unit  1 Car garage, Attached, Opener inc
  • Barrier-free Features  Level drive, Low pile or no carpeting
  • Exterior  Brick, Stone, Vinyl
  • Waterfront  
  • Terms  
  • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  Condition report on file, Income/Exp Report Avail, Lease(s) on file
  • Miscellaneous  Close to bus line, Shared laundry, Water Softener Owned



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Restaino & Associates Era Powered