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Additional details
Listed by ALTUS Commercial Real Estate, Inc.
$1,185,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality MADISON
MLS Listing ID 1992764
Year Built 1964
Annual Tax Amount $14,956
Tax Year 2024
Property Description
Eight 720 sf two bedroom condo units in a brick 8-unit. Each unit has two assigned parking stalls in an expanded parking lot along with 1 storage unit. Condo fees are $430/month/unit. The condo fees include Maintenance up keep of building and common areas, Electricity for common areas, Water for each unit, Management fees, Heat, Snow removal and Landscaping. Units are currently under rented on MTM leases. Current yearly income gross income is $116,400 with 1 vacant unit. Coin op laundry in the basement. Income from that is not included in the gross income.
Location
State WI
County Dane
Zoning SR-V1
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Radiant/Electric
Building
Dwelling Type Apartment Building
Sewer Municipal Water, Municipal Sewer
Structure Type Brick
New Construction N
Schools
Elementary Schools Call School District
Middle Schools Call School District
High Schools Call School District
School District Madison
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