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Fantastic, fully-leased 12-unit building grossing $11,845/mo in rent (plus laundry income) =$143k/yr. Tax appeal complete, reducing taxes $1,100 for future bills. No deferred maintenance with NEW ROOF "˜23 and NEW PARKING LOT "˜20. Moments from Sun Prairie and East Town Mall and on key bus routes, these professionally managed 1BR/1BA units have strong history and steady cashflow. At GRM of 10.5x, this building has a FMV of $1.49-$1.55m. Lock in consistent returns and upside for your portfolio. Nearby AmFam campus and brand-new UW Medical Center provide large tenant pool and ongoing appeal for the area. Great opportunity to own in the nation's #1 multifamily market.
| LAST UPDATED | 10/25/2024 | YEAR BUILT | 1969 |
|---|---|---|---|
| COUNTY | Dane | STATUS | Pending |
| PROPERTY TYPE(S) | Multi Family |
| School District | Madison |
|---|---|
| Elementary School | Sandburg |
| Jr. High School | Sherman |
| High School | East |
| ADDITIONAL DETAILS | |
| APPLIANCES | Refrigerator, Water Softener |
|---|---|
| BASEMENT | Full, Yes |
| LOT | 0.29 acre(s) |
| SEWER | Public Sewer |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Haven Real Estate Partners
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