Strong Isthmus investment opportunity close to UW, Capitol Square, bike path, dog park & all downtown amenities. Seller says no vacancies in 12 years of ownership. Leased through mid July & Aug. 2022. For upcoming leases rent for 306 8/15/21-8/14/22 is $1,960 and for 308 8/1/21-7/31/22 is $1,570. Seller added 3rd floor addition accessed by spiral staircase to include 3rd bedroom laundry, living room, flex room and second bath. 1 or 2 more bedrooms could be added to the third floor. Third floor is plumbed for kitchen if you want two different but connected units in 308. Other updates include new furnaces, new air conditioning, new water heater, some flooring. Roof new with previous owner in 2004. No K&T wiring. *Total income/yr for new leases $42,500.
|LAST UPDATED||6/14/2021||YEAR BUILT||1909|
|COMMUNITY||MADISON - C W01||STATUS||Pending|
|PROPERTY TYPE(S)||Multi Family|
|Jr. High School||Hamilton|
|AREA||MADISON - C W01|
|BASEMENT||Block foundation, Full, Yes|
|HEAT||Fuel - Natural Gas|
|LOT||1742 sq ft|
|STYLE||2 flat-up and down, 3 story|
TOTAL MONTHLY PAYMENT
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