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| Listing Courtesy of Real Broker Llc |
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| Remarks: |
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| Please do not trespass on property or disturb tenants without a scheduled showing. Excellent cash-flowing investment opportunity and upside in this 8-unit building. All units are 2/1 with identical layouts. storage lockers, and shared coin-op laundry in basement. Currently under-rented due to long-term tenants in place. Pro forma rents $1,250/unit = $120,000 gross annual rents resulting in a potential 9.0%+ cap rate and a 10.0%+ cash on cash return. Well located on the East side of Madison across from Warner Park with easy access to schools, grocery, and downtown Madison. Leases available upon request. 2410 units 3 & 4 are vacant and have not been updated. Vacant units will need turnover work. New boiler 2021, new coin-op W/D 2022. Various updates throughout most units done in 2022-2023. |
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Listing Information:
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Listing Provided Courtesy of Real Broker Llc
For more information, please call 1-877-233-7356
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| Square Feet: |
0 |
| Bedrooms: |
2 |
| Est. Age: |
1965 |
| Bathrooms: |
Full: 0 3/4: 0 1/2: 0 1/4: 0 |
| Garage: |
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| Style: |
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| MLS Number: |
1956856 |
| Taxes: |
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| Elementary School: |
Emerson |
| Middle School: |
Sherman |
| High School: |
East |
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This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright 2024, South Central Wisconsin MLS Corporation. All rights reserved. |
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3/4: 0