918 Magnolia Lane, Madison, WI 53713
918 Magnolia Lane, Madison, WI 53713
918 Magnolia Lane, Madison, WI 53713
918 Magnolia Lane, Madison, WI 53713
918 Magnolia Lane, Madison, WI 53713
918 Magnolia Lane, Madison, WI 53713
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$ 599,000
Est. payment | /mo

9,147 Sqft Lot


Save
$ 599,000
Est. payment | /mo
Save

9,147 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2035487

Year Built 1960

Annual Tax Amount $8,894

Tax Year 2025

Lot Size 9,147 Sqft

Acres 0.21

Property Description

FULLY Occupied! Located on Madison?s South Side! This building is all-brick 4-unit offering immediate rental income and low-maintenance upkeep. All four units are already leased through 2027 with long term tenants. The entire building was insulated in 2022 with every unit having its own heating (all furnaces updated in 2022), one designated parking stall per unit (on street parking avaliable), tenants pays for their own electrical, 3 of the 4 units had the water heaters replaced in 2026), water lateral was replaced in 2023, and fully remodel unit 2. Don't miss the opportunity to own this gem.

Location

State WI

County Dane

Zoning SR-V1

Rooms

Basement Full, Poured Concrete

Interior

Heating Natural Gas

Cooling Forced Air

Inclusions 4 refrigerators and 4 stoves

Exterior

Exterior Feature Brick

Utilities Available Separate Electric Meters, Separate Gas Meters

Building

Dwelling Type Apartment Building,2 Story

Story 1 - 2

Sewer Municipal Water, Municipal Sewer

New Construction N

Schools

Elementary Schools Midvale/Lincoln

Middle Schools Cherokee

High Schools West

School District Madison

Listed by GeorgeSon Realty, LLC

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918 Magnolia Lane