Overview

Listing ID:#20151022

Building SF:1,572

Parcel Size:0.14 Acres

Price:$475,500

Building PSF:$302.48

Property Type:Multi-Family

Date Available:Now

Excellent 2 Flat Investment Opportunity in Madison!

This well-built home is just a couple of blocks from the lake and offers ideal location, close to bus route, downtown and everything Madison has to offer. Sweet view of Lake Monona from the front yard. Good tenants with leases until 8/14/2022. 1st floor unit offers 2 bedrooms, 1 bath. 2nd floor unit has 1 bedroom 1 bath. Backyard with convenient alley access. All of the major components have been updated on the exterior in about 2010, from the roof to the siding, windows, insulation and new rubber membrane roofing. Lovely, newer front porch, first floor screeened deck and 2nd level deck. Additional $350/month potential rental income from 5 parking spaces and $65/mo for basement rental

Financial Information

Current Tenants:2

Percent Leased:100%

Real Estate Taxes:$7,982

Tax Year:2020

Building Details

Building Type:Multi-Tenant

Building Status:Existing

Year Built:1897

Year Renovated:2010

Current Use:2 flat rental

Number of Floors:2

Number of Units:2

Number of Restrooms:2

Zoning:TR-C3

Outside Parking:Yes

Ceiling at Eves:8 ft

Ceiling at Center:10 ft

Municipal Sewer:Yes

Municipal Water:Yes

Cable:Yes

DSL:Yes

Bus Line:Yes

Other Information:Can be returned to single family by simply opening a door

Contact Listing Agent

Deb Vesling

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