Bought with Keller Williams Realty
$465,000
$450,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
2,600 SqFt
SOLD DATE : 04/05/2024
Key Details
Sold Price $465,000
Property Type Multi-Family
Sub Type Apartment building
Listing Status Sold
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $178
MLS Listing ID 1969559
Sold Date 04/05/24
Bedrooms 5
Full Baths 3
Year Built 1958
Annual Tax Amount $5,600
Tax Year 2022
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Apartment building
Property Description
This well-maintained 3-unit property offers a solid investment opportunity. Each unit is kept in good condition, ensuring reliable accommodation for tenants. The building features three distinct apartments, each with a practical layout suitable for a variety of tenants. Located in an area with strong rental demand, the property is positioned for consistent rental income. This makes it a sensible choice for investors looking to add to their portfolio or for those new to property investment. The property combines steady cash flow potential with the benefits of real estate appreciation. Or a solid choice for owner-occupants.
Location
State WI
County Dane
Area Madison - C E15
Zoning TR-V1
Direction Follow I-90 E to W Broadway / South Towne Dr in Monona. Take exit 264 from US-12 W/US-18. Continue on W Broadway. Drive to Lake Point Dr in Madison
Rooms
Basement Full, Poured concrete foundatn
Interior
Heating Radiant
Heat Source Natural Gas
Exterior
Parking Features Outside
Utilities Available Separate elec meters
Building
Water Municipal water, Municipal sewer
Structure Type Vinyl
Schools
Elementary Schools Call School District
Middle Schools Call School District
High Schools Call School District
School District Madison
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