MLS Public Remarks Rare opportunity to own adjacent income generating properties in ideal downtown Madison location. This investment property offers 2 units just blocks from Capitol square, UW Madison & Lake/Brittingham Park. First floor with one 2-bedroom unit and 2nd floor with one 2-bedroom unit. Fantastic property to add to your portfolio or get started with investment real estate. Great rental history. Central to all Madison has to offer and steps to Lake Monona. Seller prefers to sell with neighboring property - See MLS# 1971905. Sold 'as-is'.
Location City
Other Marketing Area
Mailing City Madison
C/T/V City
Unit #
Directions Regent St To Proudfit
Number of Units 2
Year Built 1916
# Furnaces 2
Heating Type ForcAir
Heating Fuel Nat Gas
# Water Heaters 2
# Water Softeners 0
# Stoves 2
# Refrigerators 2
# Dish Washers 2
# Washers 1
# Dryers 1
# Units w/AC 0
Number of Efficiencies 0
Number of 1 Bedrooms 0
Number of 2 Bedrooms 2
Number of 3+ Bedrooms 0
Total Income 0
Total Expenses 0
Net Operating Inc 0
Year
School District Madison
High School West
Middle Hamilton
Elementary Franklin/Randall
Land Assessment $104,200
Improvements $319,600
Total Assessment $423,800
Net Taxes $7,794
Assessment Year 2023
Tax Year 2022
Owner
Zoning TR-C4
Subdivision
Name of Lake/River
Est. Total Acres 0.13
Source for Est. Total Acres PubR
Unit 1 Balcony/patio, Dishwasher, Individual heat control, Range/oven, Refrigerator, Shared Basement, Washer/dryer, Wood or sim. wood floor
Unit 2 Balcony/patio, Dishwasher, Individual heat control, Range/oven, Refrigerator, Shared Basement, Washer/dryer
Unit 3
Unit 4
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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 |
09/30/2024 |
$1600 |
949 |
1 Car Garage |
No |
No |
Yes |
2 |
2 |
1 |
0 |
08/11/2024 |
$1700 |
922 |
1 Car Garage |
No |
No |
Yes |
3 |
0 |
0 |
0 |
- |
$0 |
0 |
- |
- |
- |
- |
4 |
0 |
0 |
0 |
- |
$0 |
0 |
- |
- |
- |
- |
Items Included
Items Excluded
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full
Type 2 flat, 2 story
Parking per Unit 2 Car garage
Barrier-free Features
Exterior Wood
Waterfront
Terms
Utilities Sep elec meters each unit, Sep gas meters each unit
Legal Documents Lease(s) on file
Miscellaneous Close to bus line, Shared laundry
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Sprinkman Real Estate