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Listed by Berkshire Hathaway HomeServices True Realty
$475,000
Est. payment /mo
5,227 Sqft Lot
UPDATED:
10/21/2024 04:07 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality MADISON
MLS Listing ID 1986997
Year Built 1959
Annual Tax Amount $4,847
Tax Year 2024
Lot Size 5,227 Sqft
Property Description
Prime investment opportunity on Madison's near east side! This two-unit property is in an ideal location, close to Maple Bluff, Lake Mendota and a plethora of "Best of Madison" winning restaurants. The main-level unit features 2 bedrooms and is purposefully vacant for owner occupancy. The upper unit also offers 2 bedrooms, currently rented for $1,850/month. Both units feature updated kitchens & baths, off-street parking, basement storage and access to a large backyard. With a fantastic location that appeals to tenants seeking easy access to dining, recreation & downtown Madison, this property offers excellent rental potential. Gross Rental Income could reach up to $3,700/month. Financials and leases available.
Location
State WI
County Dane
Zoning TR-C4
Rooms
Basement Full, Block
Interior
Heating Natural Gas
Cooling Forced Air
Inclusions (2) refrigerators, (1) dishwasher, (1) washer, (1) dryer, (1) dehumidifier, blinds
Exterior
Utilities Available Separate Electric Meters, Separate Gas Meters
Building
Dwelling Type 2 Flat Up and Down
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
Elementary Schools Emerson
Middle Schools Sherman
High Schools East
School District Madison
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