Bought with Lannon Stone Realty LLC
$702,000
$664,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
8 Baths
0.3 Acres Lot
SOLD DATE : 03/10/2025
Key Details
Sold Price $702,000
Property Type Multi-Family
Sub Type Apartment building,2 story
Listing Status Sold
Purchase Type For Sale
Subdivision Park Ridge Heights
MLS Listing ID 1992175
Sold Date 03/10/25
Bedrooms 8
Full Baths 8
Year Built 1987
Annual Tax Amount $10,397
Tax Year 2024
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Apartment building,2 story
Property Description
Delayed until 1/22; show 1/23. Well-maintained 4-unit apartment building in a prime location! Each of the 4 units are spacious with 2-beds & 2-baths & a private 1-car garage. Market rents for this type of floor plan in this area is $1550+/month for updated units & $1450+/month without updates. The property has ample additional parking available behind the building. Conveniently located near parks, public transit, & easy access to downtown, making it a great choice for tenants or an owner-occupied investment. Coin-operated laundry provides extra monthly income. Whether you're looking to grow your portfolio or secure a home with rental income potential, this property offers an excellent opportunity!
Location
State WI
County Dane
Area Madison - C W08
Zoning SR-V1
Direction Gammon Rd to Jacobs Way
Rooms
Basement Partial, Walkout to yard, Crawl space
Interior
Heating Radiant
Heat Source Electric
Exterior
Parking Features 1 stall garage, Detached, 1 space, Outside
Utilities Available Separate elec meters
Building
Water Municipal water, Municipal sewer
Structure Type Aluminum/Steel
Schools
Elementary Schools Anana
Middle Schools Ezekiel Gillespie
High Schools Memorial
School District Madison
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