Bought with Aashram Realty, LLC.
$570,000
$574,900
0.9%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
2,840 SqFt
SOLD DATE : 11/08/2024
Key Details
Sold Price $570,000
Property Type Multi-Family
Sub Type 2 story
Listing Status Sold
Purchase Type For Sale
Square Footage 2,840 sqft
Price per Sqft $200
MLS Listing ID 1986731
Sold Date 11/08/24
Bedrooms 4
Full Baths 3
Year Built 1953
Annual Tax Amount $8,764
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Exceptional 3-Unit Investment Opportunity in Prime Madison Location! Meticulously maintained by the same owner for 51 years, this all-brick property offers a rare investment or owner-occupant opportunity. It features a detached 3-car garage (one stall per tenant) and is located near the lakes, downtown, and Breese Stevens. Unit 1 (2 bed/1 bath, 1,416 sq. ft.) includes hardwood floors, a private deck, screened porch, and exclusive use of a basement workshop. Units 2 & 3 (1 bed/1 bath, 700 sq. ft.) are rented through May 2025. All units have individual storage units, and a common foyer. Current rents total $3,495/month, with room to increase. Extensive updates throughout—see attached list!
Location
State WI
County Dane
Area Madison - C E05
Zoning res
Direction E Washington Ave
Rooms
Basement Full
Interior
Heating Radiant
Heat Source Natural Gas
Exterior
Garage 1 stall garage, Detached, 1 space
Utilities Available Separate elec meters, Separate gas meters
Building
Water Municipal water, Municipal sewer
Structure Type Brick
Schools
Elementary Schools Lapham/Marquette
Middle Schools Okeeffe
High Schools East
School District Madison
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