Skip To Content

    1027 Drake St

    Madison, WI 53715
    • $499,900
    • STATUS: Active
    • ON SITE: 141 days
    • ID#: 1907853
    UPDATED: 17 min ago
    $499,900
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1897
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing courtesy of American, Realtors

    Description

    Excellent Investment property to add to your portfolio. This well-built home is just a couple of blocks from the lake and offers an ideal location, close to bus route, downtown and 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 and new rubber membrane roofing. Lovely, newer front porch, first floor screened deck and 2nd level deck. Once in a lifetime investment opportunity! Additional $350/month potential rental income from 5 parking spaces and $40/month from basement rental.

    Monthly Payment Calculator



    © 2021 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or HomeTeam4u | Stark Company Realtors. Data last updated: 2021-09-19T18:41:30.033.
    www.hometeam4u.com/homes/116625401
    Print Image

    1027 Drake St Madison, WI 53715

    • Price: $499,900
    • Status: Active
    • Updated: 17 min ago
    • ID#: 1907853
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1897
    Built
    Neighborhood:
    Madison - C W14
    County:
    Dane
    Area:
    Madison - C W14
    Elementary School:
    Franklin/Randall
    Middle School:
    Hamilton
    High School:
    West
    School District:
    Madison
    Property Description
    Excellent Investment property to add to your portfolio. This well-built home is just a couple of blocks from the lake and offers an ideal location, close to bus route, downtown and 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 and new rubber membrane roofing. Lovely, newer front porch, first floor screened deck and 2nd level deck. Once in a lifetime investment opportunity! Additional $350/month potential rental income from 5 parking spaces and $40/month from basement rental.
    Exterior Features

    Exterior Vinyl Type 2 Flat-Up And Down Unit1 Parking 2 Space Unit2 Parking 2 Space

    Interior Features

    Basement Full Clothes Dryers 1 Clothes Washers 1 Dish Washers 0 Heating Type Forced Air Number Of Efficiencies 0 Number Of One Bedrooms 1 Number Of Three Plus Beds 0 Number Of Two Bedrooms 1 Refrigerators 2 Stoves 2 Unit1 Eat-In KitchenBalcony/PatioRange/OvenRefrigeratorIndividual Heat ControlWood Or Sim. Wood FloorShared Basement Unit1 Bedroom2 Dim 12X13 Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Kitchen Dim 15X16 Unit1 Living Great Room Dim 18X16 Unit1 Master Bedroom Dim 12X13 Unit1 Other Room Dim 16X18 Unit1 Sq Ft 1300 Unit2 Eat-In KitchenBalcony/PatioRange/OvenRefrigeratorWood Or Sim. Wood FloorIndividual Heat Control Unit2 Bedrooms 1 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Kitchen Dim 10X10 Unit2 Living Great Room Dim 16X18 Unit2 Master Bedroom Dim 12X13 Unit2 Sq Ft 900 Units With AC 0

    Property Features

    Association South Central Wi City Town Or Village City County Quarter West Metro Madison Fuel Natural Gas Furnaces 2 Legal Documents Lease(S) On FileCondition Report On File Mailing City Madison Miscellaneous Close To Bus LineInternet - Cable Net Taxes 7982 Open House No Park Unit 2 SpacesOutside Source Acreage Assessor Tax Year 2020 Total Income 2000 Unit1 Rent 1220 Unit2 Rent 920 Utilities Separate Elec MetersSeparate Gas Meters Water Heaters 1 Water Softeners 0 Water Waste Municipal SewerMunicipal Water Year Built Source Assessor Zoning Tr-C3

    Listing information © 2021 South Central Wisconsin MLS.
    Listing provided courtesy of American, Realtors.



    © 2021 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or HomeTeam4u | Stark Company Realtors. Data last updated: 2021-09-19T18:41:30.033.
     
    https://bt-photos.global.ssl.fastly.net/madison/orig_boomver_1_1907853-2.jpg https://bt-photos.global.ssl.fastly.net/madison/orig_boomver_1_1907853-2.jpg https://bt-photos.global.ssl.fastly.net/madison/orig_boomver_1_1907853-2.jpg
    Logo
    HomeTeam4u | Stark Company Realtors
    1625 W Main Street
    Sun Prairie WI, 53590
    Listing courtesy of American, Realtors