Bought with Matthew Costello • Real Broker LLC
$475,500
$475,500
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5,967 Sqft Lot
SOLD DATE : 05/06/2022
Key Details
Sold Price $475,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality MADISON
MLS Listing ID 1924539
Sold Date 05/06/22
Year Built 1897
Building Age 21+ Years
Annual Tax Amount $7,982
Tax Year 2020
Lot Size 5,967 Sqft
Acres 0.137
Property Description
Excellent Investment property to add to your portfolio. This well-built home is just a couple of blocks from the lake & offers an ideal location, close to bus route, downtown & everything Madison has to offer. Sweet view of Lake Monona from the front yard! 1st floor unit offers 2 bedroom, 1 bath. 2nd floor has 1 bedroom, 1 bath. Backyard offers convenient alley access. Can park 4-6 cars in back. All of the major components have been updated on the exterior in about 2010, from the roof to the siding, windows, insulation & new rubber membrane roofing. Lovely, newer front porch, first floor screened deck & 2nd level deck. Once in a lifetime investment opportunity! Add'l $350/month potential rental income from 5 parking spaces & $65/month from basement rental. Can add 2 car garage at alley.
Location
State WI
County Dane
Zoning TR-C3
Direction Park St. to Drake St.
Rooms
Basement Full
Interior
Interior Features High Speed Internet
Heating Natural Gas
Cooling Forced Air
Exterior
Utilities Available Separate Electric Meters, Separate Gas Meters
Building
Sewer Municipal Water, Municipal Sewer
Structure Type Vinyl
New Construction N
Schools
Elementary Schools Franklin/Randall
Middle Schools Hamilton
High Schools West
School District Madison
Others
Special Listing Condition Arms Length
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