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Investors: This first floor, 1 BR condo has a 3-year lease to good, long-term residents. Providing very easy management. Residents responsible for paying their portion of the rent at $725/mo. + elec. for 36 months. To bring the total rent up to a fair market rent, owner will credit buyer at closing for difference from the $725/mo. that the residents pay, up to a market rent as follows: Year 1= $875 market rent, so $150/mo subsidy, for $1800 credit at closing. Year 2= $900 market, rent so $175/mo subsidy, for $2100 credit at closing. Year 3= $925 market rent, so $200/mo subsidy, for $2400 credit at closing. Total $6300 credit to buyer at closing. Includes 2 assigned surface parking stalls & a basement storage locker.
LAST UPDATED | 1/30/2023 | TRACT | Las Casitas Owners Assoc |
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YEAR BUILT | 1964 | COMMUNITY | MADISON - C W10 |
COUNTY | Dane | STATUS | Active |
PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
School District | Madison |
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Elementary School | Call School District |
Jr. High School | Call School District |
High School | Memorial |
ADDITIONAL DETAILS | |
AMENITIES | Close to busline, Common Green Space, Shared Laundry Facilities, Walking trail(s) |
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APPLIANCES | Disposal, Range/Oven, Refrigerator |
AREA | MADISON - C W10 |
CONSTRUCTION | Brick, Vinyl |
HOA DUES | 210 |
INTERIOR | At Least 1 tub, Cable/Satellite Available, Storage Unit Inc |
STORIES | 0 |
STYLE | Conversion |
SUBDIVISION | Las Casitas Owners Assoc |
TAXES | 1053 |
UTILITIES | Natural gas |
ZONING | SR-VI |
TOTAL MONTHLY PAYMENT
Information is supplied by seller and other third parties and has not been verified.
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