Bought with Keller Williams Realty
$390,000
$375,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
2 Baths
2,340 SqFt
SOLD DATE : 04/05/2024
Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type 2 flat-up and down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,340 sqft
Price per Sqft $166
MLS Listing ID 1969556
Sold Date 04/05/24
Bedrooms 6
Full Baths 2
Year Built 1958
Annual Tax Amount $4,501
Tax Year 2023
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type 2 flat-up and down
Property Description
Presenting a lucrative opportunity with this well-maintained 2-unit property, situated near all of Monona's amenities, ensuring high rentability and continuous cash flow. Washer and dryer hookups available in the basement, adding a layer of convenience for tenants and the potential for additional income. Storage units in the basement for both tenants. Currently, one of the units is vacant, offering a perfect scenario for an owner-occupant to live in one unit while enjoying the financial benefits of renting out the other. Alternatively, it's a choice for investors looking to capitalize on the area's high demand. This property is not just a residence, but an investment in a vibrant and desirable community.
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 2 spaces, 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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