Bought with Berkshire Hathaway HomeServices True Realty
$725,000
$725,000
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7 Beds
2 Baths
3,400 SqFt
SOLD DATE : 02/28/2025
Key Details
Sold Price $725,000
Property Type Multi-Family
Sub Type 2 story,2 flat-up and down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,400 sqft
Price per Sqft $213
Subdivision University Heights
MLS Listing ID 1983360
Sold Date 02/28/25
Bedrooms 7
Full Baths 2
Year Built 1899
Annual Tax Amount $12,242
Tax Year 2024
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type 2 story,2 flat-up and down
Property Description
Prime investment opportunity in the heart of University Heights. Incredibly appealing location for tenants - walking distance to Camp Randall, Babcock Hall, Engineering and Vet School. The first-floor unit features 2 bedrooms, renting for $1,800/month, plus $100/month for 2 parking spots. The upper unit has 5 bedrooms, 4 of which are rented at $800/month (5th bedroom available to be leased), plus $50/month for 1 parking spot. Total income potential of $71,400 per year. Both units have laundry, covered porches, and parking. Leases and income info available to verified buyers. Recent updates include bathrooms, flooring and more!
Location
State WI
County Dane
Area Madison - C W14
Zoning TR-UH
Direction West on University Avenue from Breeze Terrace
Rooms
Basement Full
Interior
Heating Forced air
Heat Source Natural Gas
Exterior
Parking Features Outside
Building
Water Municipal water, Municipal sewer
Structure Type Vinyl,Aluminum/Steel
Schools
Elementary Schools Franklin/Randall
Middle Schools Hamilton
High Schools West
School District Madison
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