Bought with Sprinkman Real Estate
$465,000
$460,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,328 SqFt
SOLD DATE : 12/15/2023
Key Details
Sold Price $465,000
Property Type Multi-Family
Sub Type Apartment building,2 story
Listing Status Sold
Purchase Type For Sale
Square Footage 3,328 sqft
Price per Sqft $139
MLS Listing ID 1965849
Sold Date 12/15/23
Bedrooms 8
Full Baths 4
Year Built 1962
Annual Tax Amount $7,247
Tax Year 2022
Lot Size 0.270 Acres
Acres 0.27
Property Description
Incredible investment opportunity to own a brick 4-unit apartment building on Madison's West side. Desirable floor plans with large kitchens and spacious living areas. All units have been updated in recent years with new bathroom vanities, new flooring, new light fixtures, and new kitchens with newer appliances. Each unit is provided with an off-street parking spot behind building as well as an additional private/secure storage unit in the basement. Separate furnaces and electrical meters for each unit allow for tenants to pay their own heat & electricity. Coin-op washer/dryer for additional monthly income. Secure owner/property manager maintenance room with additional storage and work area is another perk of ownership.
Location
State WI
County Dane
Area Madison - C W09
Zoning SR-V1
Direction South on Whitney Way, take right on Thrush, then take right on Iris Lane which becomes Balsam Road at the curve.
Rooms
Basement Full, Poured concrete foundatn
Interior
Heating Forced air
Heat Source Natural Gas
Exterior
Garage 1 space, Outside
Utilities Available Separate elec meters, Separate gas meters
Building
Water Municipal sewer, Municipal water
Structure Type Brick
Schools
Elementary Schools Orchard Ridge
Middle Schools Toki
High Schools Memorial
School District Madison
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