Bought with Lauer Realty Group, Inc.
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Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type Apartment building,2 story
Listing Status Sold
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $166
MLS Listing ID 1993806
Sold Date 04/18/25
Bedrooms 8
Full Baths 4
Year Built 1962
Annual Tax Amount $8,149
Tax Year 2024
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type Apartment building,2 story
Property Description
Incredible investment opportunity to own a brick 4-unit apartment building on Madison's West side. Owner occupy is also an option. Great floor plans with large kitchens and spacious living areas. All units have been updated in recent years with new bathroom vanities, new flooring, new light fixtures, and new kitchens with newer appliances. Each unit is provided with an off-street parking spot behind building as well as an additional private/secure storage unit in the basement. Separate furnaces and electrical meters for each unit allow for tenants to pay their own heat & electricity. Coin-op washer/dryer for additional monthly income. Secure manager maintenance room with additional storage and work area is another perk of ownership. Expertly managed & well maintained.
Location
State WI
County Dane
Area Madison - C W09
Zoning SR-V1
Direction South on Whitney Way, right on Thrush, right on Iris Lane- becomes Balsam Road at the curve.
Rooms
Basement Full, Poured concrete foundatn
Interior
Heating Forced air
Heat Source Natural Gas
Exterior
Parking Features 1 space, Outside
Utilities Available Separate elec meters, Separate gas meters
Building
Water Municipal water, Municipal sewer
Structure Type Brick
Schools
Elementary Schools Orchard Ridge
Middle Schools Toki
High Schools Memorial
School District Madison
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