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    947 E Johnson St

    Madison, WI 53703
    • $650,000
    • STATUS: Active
    • ON SITE: 10 days
    • ID#: 1902218
    UPDATED: 25 min ago
    $650,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1914
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing courtesy of Homestead Realty

    Description

    SHOWINGS BEGIN THU FEB 25. A dream investment in Downtown Madison! Fully occupied thru 2022! All the major capital expenditures are completed (100% new electrical in 2014, all new plumbing 2014, added central air conditioning 2014, siding scraped and painted 2015, new concrete driveway 2016, half roof replaced in 2017, new furnace 2017, gravel parking lot 2020, and more!). Meticulous Broker Owned and well-organized property management. Old world charming built-ins, additional trim, unique woodwork, and custom shelving. Ask your buyer's agent to look up the sale comp 2 blocks away @ MLS: #1895084 and also lookup MLS: 1896412. Possibility to increase revenue by charging for parking. Also continue to raise rents as some long-term residents are under market. Coin-op laundry owned in basement.

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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: 2021-02-25T17:41:43.313.
    www.hometeam4u.com/homes/114238438
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    947 E Johnson St Madison, WI 53703

    • Price: $650,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: 1902218
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    1914
    Built
    Neighborhood:
    Original Plat
    County:
    Dane
    Area:
    Madison - C E01
    Elementary School:
    Lapham/Marquette
    Middle School:
    Okeeffe
    High School:
    East
    School District:
    Madison
    Property Description
    SHOWINGS BEGIN THU FEB 25. A dream investment in Downtown Madison! Fully occupied thru 2022! All the major capital expenditures are completed (100% new electrical in 2014, all new plumbing 2014, added central air conditioning 2014, siding scraped and painted 2015, new concrete driveway 2016, half roof replaced in 2017, new furnace 2017, gravel parking lot 2020, and more!). Meticulous Broker Owned and well-organized property management. Old world charming built-ins, additional trim, unique woodwork, and custom shelving. Ask your buyer's agent to look up the sale comp 2 blocks away @ MLS: #1895084 and also lookup MLS: 1896412. Possibility to increase revenue by charging for parking. Also continue to raise rents as some long-term residents are under market. Coin-op laundry owned in basement.
    Exterior Features

    Exterior Wood Type Apartment Building3 Story Unit1 Parking 1 Space Unit2 Parking 1 Space Unit3 Parking 1 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 0 Number Of Three Plus Beds 3 Number Of Two Bedrooms 0 Refrigerators 3 Stoves 3 Unit1 Balcony/PatioAir ConditioningRange/OvenRefrigeratorWood Or Sim. Wood FloorPantryShared Basement Unit1 Bedroom2 Dim 10X10 Unit1 Bedroom3 Dim 10X10 Unit1 Bedrooms 3 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Kitchen Dim 14X10 Unit1 Living Great Room Dim 14X13 Unit1 Master Bedroom Dim 14X12 Unit1 Other Room Dim 11X6 Unit1 Sq Ft 1168 Unit2 Bedrooms 3 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Sq Ft 1168 Unit3 Bedrooms 3 Unit3 Full Baths 1 Unit3 Half Baths 0 Unit3 Sq Ft 1168 Units With AC 3

    Property Features

    Association South Central Wi City Town Or Village City County Quarter East Metro Madison Fuel Natural Gas Furnaces 1 Legal Documents Condition Report On FileIncome/Exp Report AvailJoint Driveway AgreementLease(S) On File Mailing City Madison Miscellaneous Shared LaundryClose To Bus LineInternet - Cable Net Operating Income 31524 Net Taxes 9059 Open House No Park Unit 1 SpaceOutside Source Acreage Assessor Tax Year 2020 Terms Misc Exchange Total Expenses 24074 Total Income 56160 Unit1 Rent 1445 Unit2 Rent 1350 Unit3 Rent 1555 Utilities Separate Elec Meters Water Heaters 1 Water Softeners 0 Water Waste Municipal SewerMunicipal Water Year Built Source Assessor Zoning Tr-V1

    Listing information © 2021 South Central Wisconsin MLS.
    Listing provided courtesy of Homestead Realty.



    © 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: 2021-02-25T17:41:43.313.
     
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    HomeTeam4u | Stark Company Realtors
    4509 Cottage Grove Rd
    Madison WI, 53716
    Listing courtesy of Homestead Realty