Bought with Real Broker LLC
$505,000
$505,000
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6 Beds
3 Baths
2,707 SqFt
SOLD DATE : 10/03/2025
Key Details
Sold Price $505,000
Property Type Multi-Family
Sub Type Duplex-side by side,2 story
Listing Status Sold
Purchase Type For Sale
Square Footage 2,707 sqft
Price per Sqft $186
Subdivision Chapel Hill
MLS Listing ID 2001912
Sold Date 10/03/25
Bedrooms 6
Full Baths 2
Half Baths 2
Year Built 1970
Annual Tax Amount $7,138
Tax Year 2024
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Duplex-side by side,2 story
Property Description
Conveniently located side-by-side duplex offers a fantastic investment opportunity. Each unit features 3 beds / 1.5 baths, full-private basement & an attached 1 car garage. The spacious light-filled units include a living room, dining room / flex room, eat-in kitchen, powder room, & sliding doors to a private deck. The kitchens feature oak cabinets & generous storage. Upstairs in each unit are three large bedrooms & full bath. The large level yard is fenced. With market rents well over $2,000/month, you can easily achieve under a 10x Gross Rent Multiplier, & meaningful cashflow.
Location
State WI
County Dane
Area Madison - C W08
Zoning SR-C3
Direction Schroeder Rd to south on Chapel Hill to west on Berkshire Rd
Rooms
Basement Full
Interior
Heating Forced air
Heat Source Natural Gas
Exterior
Parking Features 1 stall garage, Attached
Utilities Available Separate elec meters, Separate gas meters, Separate water 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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