Presented by...
Paula Dollard
Mobile: (608) 469-3374
[email protected]

116-118 Proudfit Street,  Madison,  WI  53715 $550,000 Sold
116-118 Proudfit Street,  Madison,  WI  53715
$550,000
Sold
More Photos
 Property Type Multi Family
 Parcel # 0709-234-0848-3
 County Dane
 Sub Area W01
 Municipality Madison
 MLS# 1971905
 Listing Date 02/27/2024
 Sold Price $555,000
 Close Date 04/05/2024 12:00 AM

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,+ Brittingham Park. First floor with one 2-bedroom unit and 2nd floor with one 3-bedroom unit. Fantastic updated property to add to your portfolio or get started with investment real estate. Great rental history & some long-term renters. Central to all Madison has to offer and steps to Lake Monona. Seller prefers to sell with neighboring property - See MLS# 1971903. Sold 'As-Is'.
Documents and Related Links  
1) Add S
2) Joint Driveway
3) RECR
4) ADD I
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Regent St To Proudfit
    • BUILDING INFO  
  • Number of Units  2
  • Year Built  1925
  • # 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
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  1
  • Number of 3+ Bedrooms  1
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  West
  • Middle  Hamilton
  • Elementary  Franklin/Randall
  • Land Assessment  $104,200
  • Improvements  $337,700
  • Total Assessment  $441,900
  • Net Taxes  $8,052
  • Assessment Year  2023
  • Tax Year  2022
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  TR-C4
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.13
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Balcony/patio, Dishwasher, Family/Rec. room, Individual heat control, Range/oven, Refrigerator, Shared Basement, Washer/dryer
  • Unit 2  Balcony/patio, Dishwasher, Family/Rec. room, Individual heat control, Range/oven, Refrigerator, Shared Basement, Washer/dryer
  • 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 2 1 0 08/11/2024 $1700 1,083 1 Car Garage No No Yes
    2 3 1 0 07/29/2024 $1800 1,083 1 Car Garage No No Yes
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full
    • EXTERIOR FEATURES  
  • Type   2 story
  • Parking per Unit  2 Car garage
  • Barrier-free Features  
  • Exterior  Wood
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  Lease(s) on file
  • Miscellaneous  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Sprinkman Real Estate