Property Description for 1305-1307 Theresa Terr, Madison, WI 53711
Excellent cash-flowing investment opportunity and upside in this West Madison duplex! Each side has 4 bedrooms and 1.5 baths. Currently under-rented with market rents of $1,700+/unit resulting in an 8%+ cap rate. Tenants pay all utilities. Many recent updates throughout, including LVP flooring in both units, some windows, washers and dryers, stainless steel appliances, and more! Close to schools, parks, bike trails, shopping and bus line. Professionally managed. Leases on file and available upon request. Please do not trespass on property or disturb tenants without a scheduled showing.
- Number of Units: 2
- Type of Rental: Duplex
- Year Built: 1972
- Taxes: $6,676
- Tax Year: 2022
- County: Dane
- Elementary School: Anana
- Middle School: Toki
- High School: Memorial
- MLS Number: 1953996
Unit 1
- Beds: 4
- Baths: 1 f | 1 h | 0 q
- Parking: 2 Space
- Sq Ft: 1,375
Unit 2
- Beds: 4
- Baths: 1 f | 1 h | 0 q
- Parking: 2 Space
- Sq Ft: 1,375
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