Property Type Multi Family
 Parcel # 0710-341-0101-5
 County Dane
 Sub Area E12
 Municipality Madison
 MLS# 1973027
 Listing Date 03/17/2024

MLS Public Remarks  Rare opportunity with this well-maintained project that includes 10 Buildings of side-by-side duplexes for 20-units. Across street from Park and connects to Capital City Trail System too! 2-story or Ranch with exposed/un-exposed and finished/unfinished lower levels leave owner with lots of renting flexibilities! Always fully rented, current owner is in process of a condo conversion with this project, so act now and have that option for your own future plans. Easy to show and see 5113 Merwood Lane (#1972516) and 5118 Merwood Lane (#1972517) for info on individual units.
Documents and Related Links  
1) PLAT 1
2) PLAT 2
3) 2024 YEARLY EXPENSES
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  Siggelkow To Liberty Places
  • BUILDING INFO  
  • Number of Units  20
  • Year Built  2012
  • # Furnaces  20
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  20
  • # Water Softeners  20
  • # Stoves  20
  • # Refrigerators  20
  • # Dish Washers  20
  • # Washers  20
  • # Dryers  20
  • # Units w/AC  20
  • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  6
  • Number of 3+ Bedrooms  14
  • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  
  • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  Lafollette
  • Middle  Sennett
  • Elementary  Henderson
  • Land Assessment  $530,000
  • Improvements  $3,810,000
  • Total Assessment  $4,340,000
  • Net Taxes  $72,836
  • Assessment Year  2023
  • Tax Year  2022
  • Owner  
  • LOT DESCRIPTION  
  • Zoning  SR-V2
  • Subdivision  Liberty Places
  • Name of Lake/River  
  • Est. Total Acres  2.44
  • Source for Est. Total Acres  PubR
  • UNIT INFORMATION  
  • Unit 1  Air conditioning, Balcony/patio, Dining room, 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, Dining room, 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 3 1 VACANT $2000 1,927 2 Car Garage No No No
    2 2 2 0 VACANT $2000 1,100 2 Car Garage No No No
    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  Finished, Full, Full Size Windows/Exposed, Poured Concrete Foundation, Sump pump
  • EXTERIOR FEATURES  
  • Type   1 story, 2 story, Duplex
  • Parking per Unit  2 Car garage, Attached, Opener inc
  • Barrier-free Features  First floor bedroom, First floor full bath, Level drive, Level lot, Open floor plan, Ramped or level entrance, Ramped or lvl from garage, Stall shower
  • Exterior  Brick, Vinyl
  • Waterfront  
  • Terms  
  • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit, Separate water meters
  • Legal Documents  Condition report on file, Income/Exp Report Avail, Lease(s) on file, Restrictions/Covenants
  • Miscellaneous  Close to bus line, Internet - DSL, Water Softener Owned



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Century 21 Affiliated