Bought with Century 21 Affiliated
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Key Details
Sold Price $1,400,000
Property Type Multi-Family
Sub Type Apartment building,2 story
Listing Status Sold
Purchase Type For Sale
Square Footage 2,925 sqft
Price per Sqft $478
MLS Listing ID 1957534
Bedrooms 8
Full Baths 4
Year Built 1922
Annual Tax Amount $20,834
Tax Year 2022
Lot Size 8,712 Sqft
Property Description
Sold via 1 party listing. A rare opportunity to purchase two adjacent 4-unit apartment buildings in Madison’s trendy Marquette neighborhood. Just blocks from Lake Mendota & the Yahara River, both buildings are fully rented & stabilized. Consisting of eight identical 2 BR 1 Bath units, each with 1 onsite parking space, hardwood floors, large living rooms, full kitchens, tons of windows & private storage in basement. Tenants pay heat & electric & $15/mo for water. Properties have been fully rented & well maintained during their 20+ years of ownership. New roofs 2021. Only showing limited number of units during showing times, all units will be available upon accepted offer. MLS rents include water & pet fee. Showings Tuesday & Wednesday 12-2pm Appointment required!
Location
State WI
County Dane
Area Madison - C E01
Zoning HIS-TL
Interior
Heating Forced air
Exterior
Garage 1 space
Utilities Available Separate elec meters, Separate gas meters
Building
Water Municipal water, Municipal sewer
Structure Type Wood
Schools
Elementary Schools Lapham/Marquette
Middle Schools Okeeffe
High Schools East
School District Madison
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