Listing ID1936450
Sold For$455,500
StatusSold
Sold Date8/09/2022
Acres
0.240
CountyDane
Property TypeMulti-Family
Property Sub TypeApartment building, 2 story
Listing Agent
Carlos Alvarado
Title:
Principal Broker
Address:
1914 Monroe St
City:
Madison
State/Province:
Wisconsin
Zipcode:
53711
Cell Phone: 608.438.6757
Start your income property portfolio with this profit producing four unit building (Large lot). Located in the Southwest of Madison with easy access to main roads. Each unit has one bedroom, one bathroom, a combined dining and living room plus plenty of parking. The property generates great income and is easy to rent. Sellers installed new laminate floors, kitchen and bathroom cabinets in all the units in 2019.
County
Dane
Off Market Date
2022-06-26T00:00:00+00:00
photo Count
25
Property Sub Type
Apartment building, 2 story
Zoning
Res
Basement
Full, Walkout to yard, Poured concrete foundatn
Dish Washers
4
Dryers
1
Heating Fuel
Natural Gas
Heating Type
Forced air
Number of 1 Bedrooms
4
Refrigerators
4
Stoves
4
Unit 1 Bedrooms
1
Unit 1 Full Baths
1
Unit 1 SqFt
714
Unit 2 Bedrooms
1
Unit 2 Full Baths
1
Unit 2 SqFt
714
Unit 3 Bedrooms
1
Unit 3 Full Baths
1
Unit 3 SqFt
714
Unit 4 Bedrooms
1
Unit 4 Full Baths
1
Unit 4 SqFt
714
Units with Air Conditioning
4
Washers
1
Water Heaters
2
Water Softeners
1
Exterior
Vinyl
Park/Unit
Outside
Source of Estimated Acres
Assessor
Unit 1 Parking
2 Space
Unit 2 Parking
2 Space
Unit 3 Parking
2 Space
Unit 4 Parking
2 Space
City/Town/Village
City
County Quarter Section
West Metro Madison
Elementary School
Country View
High School
Verona
Location
FITCHBURG - C
Mailing City
Fitchburg
Middle School
Savanna Oaks
School District
Verona
Items Excluded
tenants personal property
Items Included
4 refrigerators, 4 range/ovens, 4 dishwashers, 4 disposals, water softener, coin operating washer and dryer
Miscellaneous
Shared laundry, Close to bus line, Water Softener Owned, Building Sprinkler System, Internet - Cable
MLS Number
1936450
Number of Units
4
Source of Year Built
Assessor
Status
Sold
Utilities
Separate elec meters, Separate gas meters
Water/Waste
Municipal water, Municipal sewer
Year Built
1980
Net Operating Income
33887
Net Operating Income Year
2022
Net Taxes
7744
Tax Year
2021
Total Expenses
10472
Total Income
45240
Unit 1 Landlord Pays Electric
No
Unit 1 Landlord Pays Heat
No
Unit 1 Landlord Pays Water/Sewer
Yes
Unit 1 Monthly Rent
900
Unit 2 Landlord Pays Electric
No
Unit 2 Landlord Pays Heat
No
Unit 2 Landlord Pays Water/Sewer
Yes
Unit 3 Landlord Pays Electric
No
Unit 3 Landlord Pays Heat
No
Unit 3 Landlord Pays Water/Sewer
Yes
Unit 3 Monthly Rent
900
Unit 4 Landlord Pays Electric
No
Unit 4 Landlord Pays Heat
No
Unit 4 Landlord Pays Water/Sewer
Yes
Unit 4 Monthly Rent
900
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