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Opportunity to own 24 apartments on the same block! Three 8 unit buildings. All 24 units are 2BD/1BA. 12 units have been heavily renovated, 10 units have been lightly renovated, 2 units need to be completed. 7 units were either just completed or are in process of being renovated and are currently vacant. Rented units are leased between $1,200-$1,600 with current monthly rent roll of $27,016 ($324,192 annual) on the 17 occupied units. The sale includes 3722 E Karstens, 3730 E Karstens & 3722 W Karstens and is available as a package. Seller requests offers only on the entire package. Seller is a partnership & requests 24+ hours for binding acceptance. Closing date flexible, w/n 60 days of acceptance preferred.
LAST UPDATED | 1/20/2025 | YEAR BUILT | 1970 |
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COUNTY | Dane | STATUS | Active |
PROPERTY TYPE(S) | Multi Family |
School District | Madison |
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Elementary School | Call School District |
Jr. High School | Call School District |
High School | Call School District |
ADDITIONAL DETAILS | |
BASEMENT | Full, Yes |
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LOT | 1.17 acre(s) |
SEWER | Public Sewer |
TAXES | 45140 |
WATER | Public |
TOTAL MONTHLY PAYMENT
Information is supplied by seller and other third parties and has not been verified.
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