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407 Wisconsin Ave

Madison, WI 53703
  • $715,000
  • STATUS: Active
  • ON SITE: 142 Days
  • ID#: 1910678
Price Reduced
UPDATED: 55 min ago
$715,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1904
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing courtesy of Sprinkman Real Estate

Description

Fantastic opportunity to own an income generating property in ideal downtown Madison location. 12 bedroom rooming house on Wisconsin Ave. Seller has had a very steady rental history with flexible lease terms. Each floor offers full shared bath and each unit includes a refrigerator with a shared kitchen and family room. Very close to everything downtown - State Capitol, State Street, Lake Mendota, and University. See MLS# 10910665, 1910669, 1901678 for full portfolio.

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© 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: 2021-10-23T12:41:30.943.
www.hometeam4u.com/homes/117813989
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407 Wisconsin Ave Madison, WI 53703

  • Price: $715,000
  • Status: Active
  • Updated: 55 min ago
  • ID#: 1910678
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1904
Built
Neighborhood:
Madison - C W01
County:
Dane
Area:
Madison - C W01
Elementary School:
Lapham/Marquette
Middle School:
Okeeffe
High School:
East
School District:
Madison
Property Description
Fantastic opportunity to own an income generating property in ideal downtown Madison location. 12 bedroom rooming house on Wisconsin Ave. Seller has had a very steady rental history with flexible lease terms. Each floor offers full shared bath and each unit includes a refrigerator with a shared kitchen and family room. Very close to everything downtown - State Capitol, State Street, Lake Mendota, and University. See MLS# 10910665, 1910669, 1901678 for full portfolio.
Exterior Features

Exterior Wood Type 3 Story Unit1 Parking None Unit2 Parking None

Interior Features

Basement FullOther Foundation Clothes Dryers 1 Clothes Washers 1 Dish Washers 0 Heating Type Other Number Of Efficiencies 12 Number Of One Bedrooms 0 Number Of Three Plus Beds 0 Number Of Two Bedrooms 0 Refrigerators 12 Stoves 2 Unit1 Bedrooms 4 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Kitchen Dim 1X1 Unit1 Living Great Room Dim 1X1 Unit1 Master Bedroom Dim 1X1 Unit1 Sq Ft 1507 Unit2 Bedrooms 5 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Sq Ft 1507 Unit3 Bedrooms 3 Unit3 Full Baths 1 Unit3 Half Baths 0 Unit3 Sq Ft 851 Units With AC 12

Property Features

Association South Central Wi City Town Or Village City County Quarter West Metro Madison Fuel Natural Gas Furnaces 2 Mailing City Madison Miscellaneous Shared Laundry Net Operating Income 33312 Net Taxes 10436 Open House No Park Unit None Source Acreage Assessor Tax Year 2020 Total Expenses 25979 Total Income 59291 Unit1 Rent 2150 Unit2 Rent 2500 Unit3 Rent 1475 Water Heaters 1 Water Softeners 1 Water Waste Municipal WaterMunicipal Sewer Year Built Source Assessor Zoning Dr1His-Mh

Listing information © 2021 South Central Wisconsin MLS.
Listing provided courtesy of Sprinkman Real Estate.



© 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: 2021-10-23T12:41:30.943.
 
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1625 W Main Street
Sun Prairie WI, 53590
Listing courtesy of Sprinkman Real Estate