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Classic 3-FLAT. A dream investment in Downtown Madison! Fully occupied thru 2022! All the major capital expenditures are completed (100% new electrical in 2014, all new plumbing 2014, added central air conditioning 2014, siding scraped and painted 2015, new concrete driveway 2016, half roof replaced in 2017, new furnace 2017, gravel parking lot 2020, and more!). Meticulous Broker Owned and well-organized property management. Old world charming built-ins, additional trim, unique woodwork, and custom shelving. Ask your buyer's agent to look up the sale comp 2 blocks away @ MLS: #1895084 and also lookup MLS: 1896412. Possibility to increase revenue by charging for parking. Also continue to raise rents as some long-term residents are under market. Coin-op laundry owned in basement.
LAST UPDATED | 5/20/2021 | YEAR BUILT | 1914 |
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COMMUNITY | MADISON - C E01 | COUNTY | Dane |
STATUS | Sold | PROPERTY TYPE(S) | Multi Family |
School District | Madison |
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Elementary School | Lapham/Marquette |
Jr. High School | OKeeffe |
High School | East |
ADDITIONAL DETAILS | |
AREA | MADISON - C E01 |
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BASEMENT | Full, Yes |
CONSTRUCTION | Wood |
GARAGE | 1 space |
HEAT | Fuel - Natural Gas |
LOT | 4356 sq ft |
PARKING | 1 Space |
SEWER | Municipal sewer |
STORIES | 0 |
STYLE | 3 story, Apartment building |
TAXES | 9059 |
WATER | Municipal water |
TOTAL MONTHLY PAYMENT
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